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Obama Sees Resurgence in US Factories

President Obama said Wednesday he foresees a "resurgence of American manufacturing" as he pushed his economic agenda at a North Carolina auto parts plant.

Obama 2.0: 'Reignite True Engine of America'

Obama noted, under his watch, the U.S. auto industry has been resurrected and a U.S. economy that was mired in recession when he came into office is on firm ground. But he acknowledged that the country has much work to do when the unemployment rate stands at 7.9%.

NFIB Survey: Sagging Spirits Among Small Businesses

According to the latest results of a broad small business survey, the country's independent entrepreneurs remain "inordinately" worried about government regulation and taxes as holding back their growth prospects and hiring plans.

Fiscal Tightening Drags on Growth: CBO

The bipartisan Congressional Budget Office projects that economic growth will remain slow throughout this year as a result of the approved measures of fiscal tightening, including increases in the Social Security payroll tax and in the income tax of the most affluent.

President Obama to Stress Jobs in State of the Union

Jobs and the economy will be the focus of President Barack Obama's State of the Union address tonight, his second major speech in 22 days, a White House official said Monday.

Thousands of Organizations Demand End to Sequestration Cuts

According to a study performed by Dr. Stephen Fuller of George Mason University, sequestration budget cuts would cost 2.14 million jobs, 1.05 million from spending reductions at domestic discretionary agencies and 1.09 million from DOD spending reductions.

Pope Benedict XVI to Resign on February 28

Pope Benedict XVI, 85, said that he will resign on Feb. 28, and would become the first pontiff of the Roman Catholic Church to do so in nearly 600 years.

State of Union: Obama's Middle Class Focus

US job growth, building the middle class and rebuilding old roads and bridges will be points in President Obama's State of the Union speech, aides say.

Sun Eagle Shines as Veteran-owned Small Business

Hispanic-owned Sun Eagle Corp. has completed more than 300 projects in its 35 years in Arizona ranging from aquatic centers to airport terminal renovations.

Stock Indexes Climb Early

U.S. stock indexes climbed Friday after the U.S. Commerce Department said the U.S. trade deficit shrank $19.5 billion from 2011 to 2012.

Martinez, Sandoval Hope to Draw Hispanics to GOP

Susana Martinez, the nation's first Hispanic female governor, says other ethnic minorities and women can be drawn to the Republican Party, just as she was.

Senate Dems Work on Sequester Alternative

U.S. Senate Democrats said they are working to craft an alternative to the $85 billion spending cut sequester scheduled for March 1. "It's a work in progress," U.S. Sen. Barbara Mikulski, D-Md., chairwoman of the Senate Appropriations Committee, told The Hill.

New York Braces for Winter Storm

Light snow or flurries should develop Friday, with steadier and heavier snow likely starting between noon and 3 p.m. today, the National Weather Service warned.

USS Truman Deployment Hits Budget Rocks and Shoals

The Pentagon halted the upcoming deployment of a Norfolk-based aircraft carrier Wednesday two days before it was set to ship out -- the strongest indication yet that looming budget cuts are forcing the military to change the way it operates.

Air Force Calls Sequester Cuts 'Dangerous'

The Air Force said it would cut remaining flying hours this year by a third, furlough 180,000 civilian employees, stop deploying some squadrons around the world, and even turn off some missile defense ground radar sites if automatic defense spending cuts known as "sequestration" occur on March 1.