Gas prices in the United States increased by more than a dime over the past three weeks, the first increase seen since mid-October, according to a survey published Sunday. The average price of a gallon of regular gasoline was $3.35 as of Friday, the Lundberg Survey found. That’s an increase of 12 cents from the […]
According to the AP, For the intertwined U.S. economy and presidential politics, it was a year of twists and unexpected turns. http://www.blackamericaweb.com/?q=articles/news/moving_america_news/35766
A majority of Black unemployed are no longer receiving unemployment benefits. In early 2010, 75 percent of Black unemployed were receiving benefits. Now, only 48 percent receive unemployment, a shift that highlights the nation’s issues with long tern unemployment. Continue Story NewsOne.com
President Barack Obama is doing all he can to help struggling Americans in this uncertain economy. This includes sending them his own money in the form of his own personal check, according to a new book. The Huffington Post reports: “On more than one occasion, the president has cut personal checks to struggling Americans who’ve […]
There is a new Senate bill that is intended to boost the ailing real-estate market by encouraging globe-trotting investors to buy homes in the U.S. The bill, co-sponsored by Charles Schumer (D-N.Y.) and Mike Lee (R.-Utah), would grant a U.S. visa to international investors who agree to spend at least $500,000 on residential real estate […]
By Alisha L. Gordon $89,263.66. That’s how much it cost for me to achieve the “American dream.” You know that dream, right? The one that says “if you work hard, go to school, and get a degree, you’ll find a good job that you can work for 30 years, retire and live comfortably with fond […]
Former President Bill Clinton sat with Matt Lauer on The Today Show to discuss our economy and what should be the focus of getting the economy back into an upswing. He says the quickest thing to do is to clear the mortgage debt. “Give the people an option to convert the mortgage into rent….If you […]
President Barack Obama talked with TJMS this week about the ongoing economic struggles America is currently experiencing, along with job industries that were hardest hit and how he plans to get the ball rolling. He also touched lightly on the criticism he has been receiving from African American leaders like Tavis Smiley and Cornell West. […]
Washington (CNN) — President Barack Obama will make a statement to reporters Monday about the downgrade of the U.S. credit rating and the loss of U.S. service members, including 22 Navy SEALs, killed in Afghanistan over the weekend, a White House official said. The comments are scheduled for 1 p.m. ET at the White House. […]
President Barack Obama called on the American public to pressure elected officials to work out a compromise to raise the federal debt ceiling and avoid a potentially devastating default. Read More:
Debt is a word I’m sure most Americans are well aware of. Whether it’s personal debt or the country’s national debt, it’s something that can’t be avoided. America’s debt is rising so fast that we are currently looking at our debt ceiling cracking. While there is no actual ceiling, these cracks are very real and a […]
CNNMoney.com says three are a lot of people like Jarrod Holland and gives the pros and cons of being a car addict. Read More:
