On this Labor Day, the White House will put its focus squarely back on the economy, following a week where the Obama administration concentrated on Middle East peace talks and the end of America’s combat role in Iraq. The address will be the first of two speeches this week in which President Barack Obama will […]
The American Recovery and Reinvestment Act of 2009 — President Obama’s $787 billion stimulus — has been marketed as a jobs bill, and that’s how it’s been judged. The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big […]
// Both Newsweek and Businessweek have stories about how Obama has restored America’s economy. Businessweek’s story is called “Why The Obama Plan Is Working.” Here is an excerpt from Businessweek’s Story: With seven months to go before midterm elections, and more than two years before Obama reaches his own reelection day, there’s still time for […]
VIA CNNMONEY: Economists have been saying for a while that the Great Recession has ended. Now, there are signs that the general public is finally starting to agree. Though still pitifully low, consumer confidence is improving. But some of the positive economic news of recent weeks, like the best job gains in three years, the […]
From BlackNews.com: Dallas, TX (BlackNews.com) – As the economy continues its sluggish recovery, and with unemployment topping 9.7%, many people, especially minorities, have had to find alternative means to support themselves. Etiquette and social graces workshops specifically geared to the young people living in urban communities have been quietly on the rise as the lure […]
Via NewsOne.com: WASHINGTON — The U.S. economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month. The increase in payrolls is the latest sign that the economic recovery is gaining momentum and healing in the job market is beginning. Still, the […]
African-Americans are the largest racial minority market, constituting 11% of the U.S. adult population, per research firm Experian.
(From shine.com) Just because the economy looks bleak doesn’t mean you have to deprive yourself. With a little creativity, you can live a rich life without being rich — try ideas:
VIA NEWSONE.com: WASHINGTON – President Barack Obama hailed Wednesday’s one-year-old economic stimulus law as an accomplishment that staved off another Great Depression and kept up to 2 million people on the job. Still, with millions still out of work and losing patience, Obama acknowledged that to them, “It doesn’t yet feel like much of a […]
Good News for Obama: Economy grows faster than expected in 4th quarter. The U.S. economy grew at an accelerated pace in the last quarter of 2009, driven largely by a rebound in manufacturing and better-than-expected gains in consumer spending and commercial investments, according to Commerce Department statistics released today.
For the third consecutive month, Houston area employers have been adding jobs, a sign that Houston’s economy may be stabilizing.
