Employment
  • Obama to Pledge $600M in New Jobs Push

    By Steve Holland, Reuters

    President Barack Obama will announce an initiative on Wednesday to devote $600 million to address a central challenge of today's economy: How to train workers for skills they need for jobs that are...

  • Jobless claims, factory data put some shine on economy

    Jobless claims, factory data put some shine on economy

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - New claims for jobless benefits hovered near their pre-recession levels last week and manufacturing in the Mid-Atlantic region accelerated in April, suggesting an upswing in...

  • Fed should beef up low-rate vows, two officials say

    Fed should beef up low-rate vows, two officials say

    By Alicia Underlee Nelson and Richard Valdmanis, Reuters

    FARGO, North Dakota/BANGOR, Maine (Reuters) - The U.S. Federal Reserve ought not to raise interest rates until the economy is much closer to full strength, two of the Fed's most dovish policymakers...

  • Rising food, housing costs push up U.S. inflation

    Rising food, housing costs push up U.S. inflation

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course. The increase should allay...

  • CBO lowers U.S. deficit estimates as health subsidies fall

    CBO lowers U.S. deficit estimates as health subsidies fall

    By David Lawder and David Morgan, Reuters

    WASHINGTON (Reuters) - Health insurance subsidies under the Affordable Care Act will cost slightly less than previously thought, helping to slow down the forecast growth of U.S. deficits over the...