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Amid foreign crises, Obama takes solace in U.S. economic turnaround

Posted on 1 September 2014 | 4:47 pm

By Steve Holland MILWAUKEE (Reuters) - Throughout much of his presidency, Barack Obama has been under siege about the state of the U.S. With his handling of foreign policy under fire in confronting challenges from Ukraine to the Middle East, Obama made a Labor Day trek to Milwaukee's annual Laborfest event to underscore how he feels his leadership on the economy has paid off.

Low-Wage Jobs Dominate: Silver Lining for Manufacturers?

Posted on 29 August 2014 | 10:50 am

A labor cost advantage with low-wage jobs could translate into an increased recovery pace for U.S. manufacturers.

Ahead of the Bell: US Unemployment Benefits

Posted on 28 August 2014 | 5:28 am

The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week. The report will be released Thursday at 8:30 a.m. Eastern. LITTLE CHANGE: Economists forecast ...

Investors look for more gains as U.S. S&P 500 index hits 2,000 milestone

Posted on 25 August 2014 | 3:13 pm

These defined-benefit plans reported among their best annual returns in 2013, dramatically closing funding gaps owed by companies to these funds that had opened up because of the collapse in stock market values during the financial crisis. The stock market rally has helped repair state public finances as well.

Fed's Yellen calls for caution on rates; Draghi says ECB ready to act

Posted on 22 August 2014 | 4:08 pm

By Howard Schneider JACKSON HOLE Wyo. (Reuters) - The Federal Reserve should move cautiously in deciding when to raise interest rates given the U.S. In a speech at the Fed's annual central bank conference, Yellen laid out in detail why she feels the unemployment rate alone is inadequate to evaluate the strength of the jobs market and why the central bank needs to step gingerly. Her remarks were ...

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