This last snapshot of the job market before midterm elections marks the first time the unemployment rate has dropped below 6 percent since 2008. But the total share of Americans who have jobs has recovered only modestly.
The big spenders cross the political spectrum from Charles and David Koch and the US Chamber of Commerce on the right to billionaires Michael Bloomberg and Tom Steyer on the left. But the key name in US campaign funding is 'anonymous.'
New study estimates that some 414,000 home purchases won't happen this year because potential buyers are carrying so much student debt. Student loans have surged from about $300 billion in 2004 to some $1.1 trillion a decade later.
The Obama administration aims to reduce the appeal of a corporate shift overseas to avoid US taxes, as it buys time for Congress to reform a corporate tax code that some claim is driving business away.
After giving a speech about his plan to revive the economy Thursday, House Speaker John Boehner said the unemployed would rather 'sit around' – reviving the image of Republicans as a party of the rich.
Now that the Kansas Supreme Court has ruled that the name of the erstwhile Democratic candidate won't be on the ballot, incumbent Pat Roberts is in a difficult Senate race against Independent Greg Orman, a champion of reform.
Campaign spending by 'dark money' groups is eight times higher than about this time in the last midterm campaign cycle, and it's mainly going to TV ads in races that could tip control of the US Senate.
Fed policymakers indicated Wednesday they're no longer taking a ‘full stimulus ahead’ approach. Some economists predict the central bank will start boosting rates as early as next March, while others say June or a bit later.
That finding adds a new layer to already-hot public debate about rich-poor gaps in America, and the degree to which income inequality is squeezing not only particular groups of Americans but the whole economy, too.
An effort to give Congress new power over campaign finance ended when the proposed amendment didn't clear the 60-vote hurdle to end Senate debate. Many Republicans saw the measure as tampering with the Bill of Rights.