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*President Barack Obama is scheduled to deliver a statement on the economy this afternoon, three days after his historic re-election. The 1:05 p.m. ET statement in the East Room will serve as an opportunity to address some of the big issues that Washington will tackle in the next few months – including staving off the [...]
*There were four debates scheduled ahead of election day when our country will vote for our next president. The focus for the debates was scheduled as follows: 1st Presidential Debate – domestic policy Vice-Presidential Debate – foreign and domestic policy 2nd Presidential Debate – foreign and domestic policy 3rd Presidential Debate – foreign policy This [...]
*When funds are low and the prices are up, there’s only one store to turn to: The “99 Cent Store,” a place where penny pinchers and shallow pockets buy cheap. But one woman from Hawthorne, Calif. has taken savings to a whole ‘nother level. Roshanda Hill is very serious about her “99 Cent Store” shopping, spending up [...]
*(Via CBS News) – U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention. The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because [...]
*A radio host I used to listen to, when discussing how to win an argument, often said on the air: “When you have the facts on your side, pound the facts. When you don’t, pound the table.” Because the facts rarely support their causes the Republican party has become adept at pounding the table. But [...]
*Twenty years after I graduated from college I still owe student loans. And since I didn’t’ owe enough, I went back to school and got a master’s degree with borrowed money. My mother keeps asking me to get a PHD, but I’m not going to pay anybody else to tell me how smart I am, [...]
*GOP presidential contender Mitt Romney predictably jumped all over the jobs report for July which saw joblessness tick up slightly. He called it a hammer blow for the middle-class. Certainly much has been made of the fact that no president has won reelection since World War II with the jobless rate above 8 percent. That [...]
*With the 2012 elections fast approaching, people are already choosing their sides: Obama or Romney. But while people are choosing sides, they are also struggling. While the economy has improved a bit, there are still millions of people in our country unemployed. NewsOne writer Michael Arceneaux believes that nothing will change whether Obama gets re-elected [...]
*U.S. job growth barely picked up in June, the latest sign that economic growth has slowed. Nonfarm payrolls grew by 80,000 last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, was unchanged at 8.2%. On the other hand, the jobless rate for African Americans [...]
*Dre’s “Beats” headphones are so popular that folks are committing crimes to get a hold of them. According to a recent NY Post report, “Beats by Dr. Dre,” which retail for $300 to $500, are among the top items being stolen across NYC. “They’re very hot among thieves,” a source said. “It’s like, ‘I see [...]
*Even as membership remains relatively stable in U.S. churches, the effects of the recession have caused contributions to drop by $1.2 billion, says the Washington Post. According to the 2012 Yearbook of American & Canadian Churches, the almost $29 billion contributed by church members represented a 2.2 percent decrease in terms of per capita giving. [...]
*The LA Times is reporting that the number of Americans seeking unemployment aid fell to nearly a four-year low last week, an encouraging sign of continued improvement in the job market. The Labor Department says weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That’s the second-lowest level since April 2008. The [...]
*Sorry Mitt, Newt, Donald, GOP … but the economy is looking better. The Labor Department says the U.S. economy added 243,000 jobs in January — the fastest growth since April. The unemployment rate, obtained from a different survey, fell by two-tenths of a percentage point to 8.3%, the lowest it has been since February 2009. [...]
*Former Massachusetts Gov. Mitt Romney said on Wednesday that as president, he will focus entirely on America’s middle class, and has no concern for the “very rich” or the “very poor.” It’s the “very poor” part of his quote that immediately made headlines – less than 24 hours after his victory in the Florida GOP [...]
*Yet another tea party, republican, nut case is in the news for “expressing himself” on President Obama’s work performance. The man was obviously looking for trouble with a little stunt he pulled to “expose” the president, but it backfired. Placing signs on his company trucks saying, “New Policy: We Are Not Hiring Until Obama is [...]
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