Obama assails GOP, promotes new jobs program (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.



Obama to propose plant, equipment tax write-off (Reuters)
Reuters - President Barack Obama will propose on Wednesday that businesses be allowed to write off all their new investments in plant and equipment through 2011, an administration official said on Monday.

As Democrats fear rout, Obama launches new jobs push (AFP)

US President Barack Obama makes remarks on the economy at the Milwaukee Laborfest in Milwaukee, Wisconsin. US Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.(AFP/Tim Sloan)AFP - US President Barack Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.



(AP)
AP - President Obama says rewarding greed, recklessness, special interests won't fix economy.

Greeting card giant Hallmark heads for 2nd century (AP)

Rich LaPierre, a Hallmark Cards Inc. designer for the Peanuts line, works on artwork during a 100-year anniversary reception at the company's headquarter Tuesday, July 20, 2010, in Kansas City, Mo. Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.   (AP Photo/Ed Zurga)AP - Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.



Fed should not set limit on economy aid: Kohn (Reuters)
Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.

World stocks gain, dollar falls (AFP)

Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.(AFP/File/Shaun Curry)AFP - Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.



Labor secretary: Obama doing good job on economy (AP)
AP - Labor Secretary Hilda Solis is defending President Barack Obama's efforts to combat the recession and unemployment, saying his focus has been on helping the jobless and underemployed.

Obama to launch political offensive on economy (AFP)

US President Barack Obama -- seen here on September 5 -- has unveiled plans to spend at least 50 billion dollars to expand and renew US roads, railways and airports, in a fresh bid to fire up sluggish economic growth.(AFP/Saul Loeb)AFP - US President Barack Obama will travel to the Midwestern US state of Wisconsin Monday as part of a broad effort to stem ebbing political support over the slowing economic recovery.



China Inc gets new chairman as state-owned firms' clout grows (Reuters)
Reuters - Wang Yong, a name little heard on the global business stage, has become boss of the world's biggest mobile telecom carrier, the most valuable coal producer and Asia's top oil refiner.

Oil hovers above $74 as traders eye US economy (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Oil prices slipped to near $74 a barrel Monday in Asia as traders weighed whether growing Chinese demand can offset weak U.S. fuel consumption amid high unemployment.



Obama to propose 100 billion tax credit (AFP)

US President Barack Obama waves after arriving aboard Marine One on the South Lawn of the White House in Washington on September 5, 2010. Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported.(AFP/Saul Loeb)AFP - President Barack Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported.



1    2    Next