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Economy

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theGrio and CNBC Market Update

Shartia Brantley
VIDEO - Last week investors received some positive data the economy grew by 1.7 percent during the spring...
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tg_cnbc_1200828

theGrio and CNBC Market Update

Shartia Brantley
VIDEO - Investors had to parse fed, housing and jobs data last week...
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poverty-coins-4x3.jpg

Poverty remains largely absent from 2012 campaign debate

Bob Herbert
OPINION - With the ranks of the poor surging and much of the nation hobbled economically, officeholders can barely find the courage to acknowledge that poverty even exists...
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Republican presidential candidate, former Massachusetts Gov. Mitt Romney writes on a white board as he talks about Medicare during a news conference at Spartanburg International Airport, Thursday, Aug. 16, 2012, in Greer, S.C . (AP Photo/Evan Vucci)

Why Romney ♥'s the welfare debate

Melba Newsome
OPINION - Is Mitt Romney trying to stoke white resentment to beat President Obama?...
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CNBC Market Update

theGrio and CNBC Market Update

Shartia Brantley
VIDEO - Besides Facebook shares closing below 20 dollars a share, economic data was the focus for investors last week...
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President Barack Obama shakes hands with supporters at the end of a campaign rally at Loudoun County High School on August 2, 2012 in Leesburg, Virginia. The president campaigned earlier in the day in Florida. (Photo by Brendan Hoffman/Getty Images)

Poll: Obama's lead over Romney is growing

Caryn Freeman
theGRIO REPORT - A recent Reuters/Ipsos poll suggests that although Americans are still pessimistic about the economy their faith that President Obama can handle the country’s economy over his Republican opponent Mitt Romney is growing...
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President Barack Obama makes brief remarks before signing the Honoring America’s Veterans and Caring for Camp Lejeune Families Act of 2012 in the Oval Office at the White House August 6, 2012 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)

Obama: 'I'm not the president of black America'

theGrio
theGRIO REPORT - In a recent interview with Black Enterprise magazine, President Barack Obama bristled at criticism that he has received, from some circles, about his supposed lack of action on behalf of black businesses...
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President Barack Obama talks abut taxes, Friday, August 3, 2012, in Eisenhower Executive Office Building on the White House campus in Washington. (AP Photo/J. Scott Applewhite)

Obama: Too many people still looking for work

Associated Press
WASHINGTON (AP) - President Barack Obama says new jobs figures released Friday show there are too many people looking for work...
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Aliyyah Baylor,  Co-Owner and President,  Make My Cake. (Photo provided by Baylor.)

Midwest drought, rising food prices worry black businesses

Amara Omeokwe
theGRIO REPORT - As the worst drought in decades grips 26 U.S. states, business owners in affected areas and beyond are growing concerned about what it could mean for their bottom lines...
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obama-in-tight-spot-16x9

Jobs report presents mixed blessing for Obama

Julie Pace and Ken Thomas, Associated Press
WASHINGTON (AP) - President Barack Obama got new figures Friday to buttress his argument that he's presiding over steady, if slow, economic growth. But the government's report that the overall rate of unemployment actually crept up to 8.3 percent allows Republican rival Mitt Romney to keep pressure on Obama to defend his record...
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