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economy - Page 2

President Barack Obama
President Barack Obama (AP Photo/Pablo Martinez Monsivais)
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Obama cheers economy as ‘pretty darn great’

Once reluctant to hype the U.S. economy's slow climb out of recession, President Barack Obama now is in cheerleader mode.

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In this Wednesday, Feb. 3, 2016, photo, people dine in outdoor cafes and walk along Lincoln Road Mall, a pedestrian area featuring retail shops and restaurants in Miami Beach, Fla. On Wednesday, March 2, 2016, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. (AP Photo/Lynne Sladky)
In this Wednesday, Feb. 3, 2016, photo, people dine in outdoor cafes and walk along Lincoln Road Mall, in Miami Beach, Fla. (AP Photo/Lynne Sladky)
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Fed survey finds weaker exports hurting manufacturers

The economy was expanding in most of the country in January and February, helped by gains in consumer spending and home sales. But there were also rising headwinds from falling oil prices and a strong dollar that held back some sectors, the Federal Reserve said Wednesday.

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Jacob Wackerhausen,ThinkStock
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Survey: US companies added 214,000 jobs in February

The better-than-expected gains provide more evidence that the U.S. job market remains strong despite economic weakness overseas.

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President Barack Obama speaks following his tour of the Saft America factory in Jacksonville, Fla., Friday, Feb. 26, 2016. The plant opened in 2011 with help from federal money from economic stimulus package Obama pushed through Congress in 2009. (AP Photo/Gary McCullough)
President Barack Obama speaks following his tour of the Saft America factory in Jacksonville, Fla., Friday, Feb. 26, 2016. (AP Photo/Gary McCullough)
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Obama: Deniers of economic gains aren’t telling the truth

President Barack Obama on Friday rejected relentless Republican criticism of his economic leadership, saying his policies are paying off in "big tangible ways" and anyone who doesn't acknowledge that is "not telling the truth."

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Earns Wal-Mart
In this Thursday, Sept. 19, 2013, file photo, reusable shopping bags at a Wal-Mart in the Chinatown district of Los Angeles. (AP Photo/Nick Ut, File)
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Wal-Mart’s 4 Q results test investor patience

Wal-Mart is spending billions of dollars to pay its hourly workers more and spruce up its stores and online services. But its fourth-quarter results show that it'll take time to fix its business.

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Home Construction
In this Tuesday, Jan. 26, 2016, photo, a "For Sale" sign hangs in front of a home under construction in Atlanta. (AP Photo/John Bazemore)
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US housing starts fall in notably cold and snowy January

A sharp 12.8 percent decline in construction in the Midwest and a 3.7 dip in the Northeast propelled the broader decrease, with construction also falling in the South. It was nearly unchanged in the West.

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Couple shopping at market
Creatas,ThinkStock
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New Jersey municipalities focus on downtown development

Downtowns in New Jersey continue a resurgence that has been spurred partly by changing tastes, but also driven by economic reality.

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NABE Economy Survey
FILE - In this Sept. 15, 2015, file photo, an iron worker works on a building under construction in Philadelphia. (AP Photo/Matt Rourke, File)
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Business economists expect slower sales, economic growth

Business economists are more pessimistic about their firms' future sales and profits than they were last fall, and more predict slower economic growth, a survey found.

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Category: Money & Business Tags:
Florida Congresswoman Holds Job Fair In Miami
Joe Raedle, Getty Images
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Warning signs on horizon as New Jersey’s economy grows

New Jersey's economy kicked into a higher gear in December as the unemployment rate tumbled to 5.1 percent, but uncertainty over public pensions and a fund to pay for road and bridge work threaten the state's credit rating, according to a pair of separate reports out Thursday.

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NEW YORK, NY - JANUARY 07: Traders work on the floor of the New York Stock Exchange (NYSE) on January 7, 2016 in New York City. Chinese stocks plunged on Thursday by more than 7 percent causing the Dow to drop over 200 points in morning trading. (Photo by Spencer Platt/Getty Images)
Traders work on the floor of the New York Stock Exchange (NYSE) on January 7, 2016 in New York City. (Photo by Spencer Platt/Getty Images)
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China’s market turmoil: Worry, but don’t panic

China's tumbling stock prices are, in themselves, nothing for investors outside the country to panic over. But some of the reasons for the slide are plenty troubling.

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