BARACK OBAMA

Obama says U.S. faces crisis, pushes jobs plan

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President Barack Obama pressed Congress on Thursday to act urgently to approve a jobs package of tax cuts and government spending he is proposing to pull the United States out of a national crisis.
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President Barack Obama

Republicans Wrong to Boycott Obama Speech

Republican Senator David Vitter and other conservatives planning to boycott President Barack Obama's major jobs speech before Congress Thursday night are out of line.
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Wall St flat ahead of Bernanke, Obama speeches

Stocks were slightly lower by early afternoon on Thursday as investors awaited a speech by Federal Reserve Chairman Ben Bernanke and one by U.S. President Barack Obama later in the day.
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Geithner urges global action to boost growth

Treasury Secretary Timothy Geithner on Thursday called on global finance chiefs to boost growth but said a repeat of the massive coordinated fiscal stimulus efforts of 2009 was no longer possible.
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Trade gap narrows sharply in July to $44.8 billion

The U.S. trade deficit narrowed much more than expected in July as strong Latin American demand helped push exports to a new record and imports fell slightly, a government report showed on Thursday.
President Obama speaks at a Labor Day event in Detroit

Obama Jobs Plan: Will Congress Even Act?

Even before President Barack Obama announces the details of his jobs plan Thursday night, Republicans are lining up to denounce the proposal and in some cases skip the president's speech altogether. The White House has sought to put the onus for a sagging economy on Congress if lawmakers do not act on the plan.
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Wall St dips after trade, jobless data

Stocks slipped on Thursday after data showed continued softness in the labor market but a shrinking trade gap, ahead of a speech by U.S. President Barack Obama detailing his plan for jobs growth.
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New jobless claims rise, July trade gap narrows

The number of Americans filing new claims for jobless benefits rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama unveils a plan on job creation in a major address to Congress.
2012 Election

Governor Perry Comes Out Swinging at Debate

Texas Governor Rick Perry came out swinging in his national debut on Wednesday, all but calling President Barack Obama a liar, describing Social Security as a fraud and attacking his main Republican rival in the presidential race.
2012 Election

Republican Presidential Debate: Jon Huntsman Gets Aggressive

Former Utah Gov. Jon Huntsman delivered a forceful performance during Wednesday's Republican presidential debate, drawing on his experience as a governor and an ambassador to China to distinguish himself from heavyweights Mitt Romney and Rick Perry.
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U.S. Jobless Claims Rise Unexpectedly

New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.
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New jobless claims rise to 414,000 last week

New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.
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Wall Street seen opening higher

Stock index futures pointed to a firmer open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 flat to 0.2 percent higher at 0916 GMT.
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Bachmann Campaign Pressed by Perry, Fundraising

Republican Michele Bachmann's presidential bid is teetering under a challenge from Texas Governor Rick Perry that has created tension within her team and clashes with advisers over fundraising and strategy.

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