Wednesday, April 7, 2010 as of 11:14 AM ET
Politicians and pundits frequently refer to the ability of the President of the United States to "create jobs" in the U.S.
Read More at Wikipedia ›Stocks fell sharply Friday after the release of a dismal report on job creation in the United States.
The Dow Jones industrial average dropped more than 200 points, erasing what was left of its gain for the year.The Standard & Poor's 500 index and Nasdaq composite index both fell more than 1.5 percent in early trading.American employers added just 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up to 8.2 percent from 8.1 percent. Economists had forecast a gain of 158,000 jobs.A little more than an hour into trading, the Dow was down 215 points at 12,178, leaving it with a loss of 0.3 percent for the year. Earlier this year, the Dow was up more than 8 percent."The big worry now is that this economic slowdown is widening and accelerating," said Sam Stovall, chief equity strategist at S&P Capital IQ, a market research firm.The weak jobs report sent traders stampeding into U.S. government bonds as a safe investment. Bond prices rose sharply, and the yield on the ...Republican Congressman Robert Dold on the status of President Obama's federal budget
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As President Barack Obama readies for a return to the Iowa State Fairgrounds, his campaign is reminding voters that it was in that same spot where Republican rival M...
The U.S. economy suddenly looks a lot weaker.Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent...
The U.S. economy suddenly looks a lot weaker.Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent...
Marjorie Clifton and Sabrina Schaeffer discuss the ways both candidates are trying to gain the female vote
GOP candidate makes surprise visit to bankrupt green energy firm
Stunts, stagecraft, scripts — and a touch of the surreal — shaped the presidential campaign Thursday as Mitt Romney and President Barack Obama sought an edge on vote...
The candidate who started the GOP primary season with the most money and as the favorite to win – as the man who came in second in the '08 race – is now the winner. ...
President Barack Obama on Wednesday congratulated Mitt Romney on securing the Republican presidential nomination, a gesture coupled with a new line of attack on the ...