Greater American production and less-than-expected global demand is driving oil prices downward, say industry analysts.
The Census Bureau found the poverty rate in 2013 was 14.5 percent, down from 15 percent in 2012. White House credits job growth for decline.
President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy’s “revving” performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections.
President Barack Obama says he’ll press Congress to raise the minimum wage in the same way he courted his wife — never taking no for an answer.
President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.
They remain optimistic the economy will rebound from a dismal first quarter.
Blasting the GOP as wilfully indifferent to American struggles, President Barack Obama issued a rebuke Friday to Republican attempts to thwart his economic agenda, offering a stark contrast that Democrats hope will yield electoral success in November.
President Barack Obama is pitching his ideas to boost the American middle class in Minnesota, a state that already has embraced a key component of the president’s economic agenda by moving to raise its minimum wage.
Drawing attention to his economic policies and courting a key Democratic constituency, President Barack Obama is embarking on a two-stop day trip to highlight technological developments and to raise money for the Democratic Party from a newly energized gay community.
Hillary Clinton says Majority Leader Eric Cantor “was defeated by a candidate who basically ran against immigrants.”