Tag Archives: The American Economy

New jobs disproportionately low-pay or part-time

New jobs disproportionately low-pay or part-time WASHINGTON (AP) – The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part-time or low-paying – … Continue reading

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Once-mighty Motor City files for bankruptcy

Once-mighty Motor City files for bankruptcy DETROIT (AP) – Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighborhoods hollowed out by a long, slow … Continue reading

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Obama warns of extremist threat in Syria

Obama warns of extremist threat in Syria AMMAN, Jordan (AP) – Anxious to keep Syria’s civil war from spiraling into even worse problems, President Barack Obama said Friday he worries about the country becoming a haven for extremists when – … Continue reading

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Obama demands quick action to raise debt limit

Obama demands quick action to raise debt limit WASHINGTON (AP) – President Barack Obama demanded on Monday that lawmakers raise the nation’s $16.4 trillion federal debt limit quickly, warning that “Social Security benefits and veterans’ checks will be delayed” if … Continue reading

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