Penny Pritzker is first member of the wealthy family to accept a federal post. President Obama has nominated Penny Pritzker as Commerce secretary.
GDP flashed 2.5 percent growth in the first quarter: much better than the fourth quarter but below expectations. Economists expect another slowdown in GDP growth for the summer.
With a 16.2 percent unemployment rate, young Americans are bearing the brunt of the slow recovery. But there are steps they can take to improve their chances of getting hired.
Rare collaborative effort creates 15 standards to reduce environmental footprint of 'fracking' operations in the Northeast. Agreement suggests new tack by environmentalists on fracking.
The US could cut oil consumption for light-duty vehicles and greenhouse-gas emissions, if it adopts policies and encourages key technologies, a new National Research Council report says.
The Great Plains are experiencing a stunning resurgence in population after being long considered a population drain. One big reason: the energy boom.
The economy should continue to add jobs despite the sequester. The jobs report shows the housing recovery bolstering employment. Homeowner optimism is likely to improve, too.
US economy adds 157,000 jobs in January – tepid growth that the labor market can't seem to break out of. But upward revisions to last year's job numbers suggest the US has regained 61 percent of the employment it lost during the Great Recession.
If the change at Chesapeake is any indication, the natural gas industry is going to be far more buttoned-down as it pares debt and boosts operating profit.
Honda recall involves potentially missing rivets on airbag covers, which could cause them to deploy improperly. Some 748,000 late-model Pilots and Odysseys are part of the Honda recall.
Notes of optimism at Detroit auto show and stronger home sales and housing starts suggest recovery is gaining strength. But a return to normal will have to wait until 2014.
A third of workers are eager to change jobs. But with unemployment still high at 7.8 percent and job growth tepid, a job switch will prove more difficult for some workers than others.