theGrio and CNBC Market Update
VIDEO - Investors had plenty of data to digest last week. Tech giant, Apple, saw its stock tumble after reporting lighter revenue due to slowing IPhone sales...
theGrio and CNBC Market Update
VIDEO - New claims for jobless benefits rose from 4,000 to 371,000, and continuing claims were a bright spot, reaching their lowest level in more than four years...
Obama demands quick action on US debt limit
WASHINGTON (AP) — President Barack Obama demanded on Monday that Congress quickly raise the federal debt limit and warned that he will not allow the Republican opposition to 'collect a ransom for crashing the U.S. economy'...
Can Obama raise the debt limit with a trillion dollar coin?
theGRIO REPORT - Since the White House did not emphatically reject the coin option. The debate rages on...
Black unemployment rises; US rate at 7.8 percent
WASHINGTON (AP) - U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during tense fiscal cliff negotiations in Washington...
Why President Obama took the fiscal cliff deal
ANALYSIS - Some liberals were disappointed with the agreement President Obama accepted to avoid the fiscal cliff, which included dropping his pledge to raise taxes on all income above $250,000 and not including a provision to raise the debt ceiling...
House passes bill to stave off 'fiscal cliff'
WASHINGTON (AP) - The bill's passage on a 257-167 vote late Tuesday night in the House of Representatives sealed a hard-won political triumph for the president less than two months after he secured re-election...
'Cliff' bill to House, but doubts on spending cuts
WASHINGTON (AP) - The Senate-approved compromise to avert the 'fiscal cliff' ran headlong into opposition from the No. 2 House Republican and other GOP lawmakers Tuesday...
White House, congressional GOP near cliff deal
theGRIO REPORT - Urged by many liberals to go over the so-called fiscal cliff and force Republicans to accept whatever deal he offers, while centrists and Republicans say he must lead Washington to a compromise, President Obama is instead pursuing both options...
Obama ups pressure in fiscal cliff talks
WASHINGTON (AP) - President Barack Obama upped the pressure on Republican leaders to reach a fiscal deal, as the Senate tried to work out a compromise agreement as early as Sunday...
