By JULIE PACE Associated Press Writer WASHINGTON (AP) — President Barack Obama said new figures released Friday showing national unemployment has hit the double-digit mark are a sobering reminder of the challenges still facing the U.S. economy. Standing in the ...

Tagged with: economy jobs Obama stimulus unemployment White House

By JIM ABRAMS Associated Press Writer WASHINGTON (AP) — President Barack Obama is set to sign a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtime jobless who have been left ...

Tagged with: homebuyer Labor Department National Association of Realtors Obama Senate stimulus unemployment White House

Tom Raum AP Writer Washington — The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape. The administration’s annual midsummer budget update is sure to show higher deficits ...

Tagged with: budget Congress Congressional Budget Office President Barack Obama White House

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