U.S. economy

President Barack Obama

Discouraging Jobs Report Puts President Obama On Defensive, Romney On Offensive

The retail and transportation industries, plus the government, all cut jobs last month. Manufacturing jobs were up and so were jobs in health care and financial services.


New York Stock Exchange

Dow Jones Rockets To Highest Mark In 2 Years

Global stock markets staged an explosive rally Thursday, embracing a move by the Federal Reserve to try to rejuvenate the U.S. economy by buying $600 billion in Treasury bonds.