By KEN THOMAS and PHILIP ELLIOTTAssociated Press
WASHINGTON (AP) - President Barack Obama made Mitt Romney's day by declaring "the private sector is doing fine" and opening himself to the accusation that he - not the rich Republican - is the one who is out of touch with
By BEN FELLERAP White House Correspondent
WASHINGTON (AP) - The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery. He simultaneously urged Europe's leaders to prevent an overseas debt crisis from
By JOSHUA FREEDAP Business Writer
Stocks rose for the fourth day in a row on Friday, capping their best week so far this year.
It was a relief for investors after the big drops of the previous week.
Stocks fell in morning trading, with the Dow Jones industrial average down almost 63 points. But
By COLLEEN BARRYAP Business Writer
MILAN (AP) - Global stocks staged a minor recovery Friday after the U.S. government said businesses were restocking their shelves faster than analysts expected, coming on the heels of a surprise Chinese rate cut.
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - The Federal Reserve wants U.S. banks to set aside more money to cushion against unexpected losses, a key step in preventing another financial crisis.
The Fed governors voted 7-0 on Thursday to propose rules
By JIM KUHNHENN and KEN THOMASAssociated Press
WASHINGTON (AP) - Mitt Romney outraised President Barack Obama in May, the first time the Republican presidential challenger has jumped ahead of Obama and his prodigious fundraising apparatus. The numbers illustrate how Romney and
By PHILIP ELLIOTTAssociated Press
ST. LOUIS (AP) - Accusing his rival of a failure of "tragic proportion," Republican Mitt Romney charged Thursday that the nation under President Barack Obama has failed to keep its "moral commitment to help every American help himself
By DAVE CARPENTERAP Business Writer
CHICAGO (AP) - A burst of stock gains and the first rise in home values in six years helped Americans regain more of their wealth in the January-March quarter.
But since then, that effort has hit another bump. Stock prices
By The Associated Press
LONDON (AP) - The price of oil fell to below $83 a barrel on Friday after Federal Reserve Chairman Ben Bernanke gave no hint that the central bank is planning stimulus measures to revive a faltering recovery.
Benchmark oil for July
By TOM RAUMAssociated Press
It's been a difficult time for President Barack Obama to stay on message.
The Wisconsin recall election on Tuesday didn't go the way Democrats hoped and lately Obama's economic theme has gotten blurred - and not just by