By ?DAVID PORTER and ?MICHAEL RUBINKAM Associated Press Writers NEWARK, N.J. (AP) — New Jersey’s governor wants to kill a $9 billion-plus train tunnel to New York City because of runaway costs. Six thousand miles away, Hawaii’s outgoing governor is ...

Tagged with: American Society of Civil Engineers Council of Economic Advisers high-speed rail infrastructure Rail recession shovel-ready Treasury Department

By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The economic rebound last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to stay high this year. The economy grew at a 3 ...

Tagged with: Commerce Department consumer spending Council of Economic Advisers economy GDP jobs Labor Department National Association for Business Economics unemployment

By PHILIP ELLIOTT Associated Press Writer WASHINGTON (AP) — The U.S. is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday. ...

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By MARK S. SMITH Associated Press Writer WASHINGTON (AP) — President Barack Obama is trumpeting a new White House estimate that his top economist calls “stunning”: His stimulus plan has already created or saved up to 2 million jobs. The ...

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