BARACK OBAMA

U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits.

U.S. employers cut 85,000 jobs in December, confounding expectations the labor market was finally stabilizing and piling pressure on President Barack Obama to spur job growth.

President Barack Obama's State of the Union speech to Congress could indicate how badly he wants a global warming bill, which opponents say will cost U.S. jobs and raise prices -- a scary prospect for politicians trying to ride out a horrible economy in an election year.

U.S. President Barack Obama will unveil a $2.3 billion tax credit Friday to boost jobs by promoting clean energy, as fresh data showed that the country's unemployment remains stuck in the double digits.

President Barack Obama on Friday awarded $2.3 billion in tax credits, which will be matched by as much as $5.4 billion in private sector funding, to help create clean energy manufacturing jobs.

A federal judge on Friday entered a not guilty plea on behalf of Umar Farouk Abdulmutallab, the 23-year-old Nigerian accused of an attempt to blow up a Detroit-bound jetliner that has prompted a sweeping review of U.S. security procedures.

President Barack Obama got some unwelcome news on Friday showing unemployment still stuck at 10 percent in December and that businesses had unexpectedly shed another 85,000 jobs.

Umar Farouk Abdulmutallab, the 23-year-old Nigerian accused of attempting to blow up a Detroit-bound jetliner, will appear in federal court on Friday to hear the charges against him in an incident that has prompted a sweeping review of U.S. security policy.

President Barack Obama should move quickly in 2010 to win approval of long-delayed free trade agreements that would help create new U.S. jobs without adding to the budget deficit, business officials said.

Friday's surprisingly weak employment report, which showed a net loss of 85,000 jobs in December, suggested that companies were in no hurry to re-hire even though the economy resumed growing in the third quarter of 2009 and appeared to generate above-average output in the fourth quarter.

Democratic leaders in the U.S. House of Representatives briefed party members on Thursday on healthcare talks with the Senate, with competing approaches on taxes and the shape of new insurance exchanges topping the list of priorities.

President Barack Obama on Friday is making his promised hard pivot to jobs, following up the morning's release of December unemployment figures with an East Room announcement at 2:40 p.m. ET about stimulus dollars going to clean-tech jobs.

U.S. employers unexpectedly cut 85,000 jobs in December, government data showed on Friday, cooling optimism on the labor market's recovery and keeping

U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama to find ways to spur job growth.

Corporate America doesn't seem to have much faith in the economic recovery.

The U.S. Federal Communications Commission will delay submitting its highly anticipated National Broadband Plan report to Congress by one month to better digest all the data and public input, an FCC official said on Thursday.

Cooling optimism on jobs; Fears for JAL; More big bank bonuses

President Barack Obama took ultimate responsibility on Thursday for security failures that led to the attempted Christmas Day bombing of a U.S. airliner and ordered reforms aimed at thwarting future attacks.

Global stocks advanced on Friday, anticipating an improvement in all-important U.S. monthly jobs data, while the dollar fell from a four-month high against the yen after Japan's new finance minister backed off his call for a weaker currency. Crude oil prices dipped, extending losses the previous day on worries about tighter Chinese monetary policy. Safe-haven government bonds were mostly steady. ...

A U.S. government report on Friday is expected to show the economy stopped shedding jobs last month for the first time since it fell into recession two years ago, easing a political weight on President Barack Obama.

The New York Federal Reserve Bank under Timothy Geithner urged insurer AIG in late 2008 to limit disclosures about its payments to banks after getting a $180 billion government bailout, emails released on Thursday showed.