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 […]

DETROIT — As more U.S. buyers head back into auto dealerships, automakers are jostling for their attention with sweetened deals.

Washington– Blacks are significantly more optimistic about what the future holds for them and the economy, according to a Washington Post/Kaiser Family Foundation/Harvard University poll conducted Jan. 27 – Feb.9. There was also a significant divide in how whites and blacks rated President Obama’s economic policies, with whites taking a far dimmer view than blacks.

White House officials expect Lawrence Summers to leave his job as the president’s National Economic Council director after November’s congressional elections, according to three people familiar with the matter.

  New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.

EDISON, N.J. (AP) — President Barack Obama on Wednesday cast his latest economic pitch as a matter of patriotism, urging the Senate to ditch its partisan mode at least long enough to pass a package of tax cuts and loan relief for small businesses. “This is as American as apple pie,” the president said.

FROM AOLNews.com: Middle-class black Americans dipped into their retirement accounts to stay afloat during the recession at a higher rate than their white counterparts did, broadening the “retirement gap” between whites and African-Americans, according to a new study.

WASHINGTON (AP) — The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows.

WASHINGTON — More confident U.S. employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as Americans streamed back into the market looking for work.