The unemployment rate fell in January even as new jobs remained scarce, offering further evidence of a frustratingly uneven economic recovery. The national unemployment dipped to 9 percent from 9.4 percent in December.
Ford Motors will respond to increased demand of Ford and Lincoln cars and trucks by ramping domestic production some 13 percent, according to Reuters.
U.S. President Barack Obama Monday called on the nation's corporate executives to "get in the game" and start investing in the United States, his latest effort to speed up the nascent U.S. economic recovery and job creation pace.
The U.S. government on Monday proposed new
restrictions on Wall Street's massive bonuses that were in part
blamed for the 2008 financial crisis.
Manufacturers emphatically defied Friday's lackluster employment report, adding 49,000 jobs last month in what some economists say should signal the start of a surge for the beleaguered industry.
Benito Baca and Tony Ramos worked in Pierson's ferneries since they were 5. Children of Mexican immigrants, the boys worked after school, cutting foliage used in flower bouquets.
U.S. President Barack Obama said
on Sunday that Egypt is "not going to go back to what it was" and a
transition must begin immediately.