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Economy

CNBC Market Update

theGrio, CNBC Market Update

Shartia Brantley
VIDEO - This week investors expect several earnings reports -- such as Citigroup, Intel and Yahoo to name a few -As well as reports on housing, production and inflation.
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Applicants wait to enter a job fair on June 11, 2012 in New York City. Some 400 people arrived early for the event held by National Career Fairs, and up to 1,000 people were expected by the end of the day. (Photo by John Moore/Getty Images)

Jobless claims lowest in 4 years

Christopher S. Rugaber, Associated Press
(AP) - The number of people seeking U.S. unemployment benefits plunged last week...
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In this May 23, 2012 file photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney addresses the Latino Coalition's 2012 Small Business Summit in Washington. (AP Photo/Mary Altaffer, File)

Romney: I will 'make things better' for blacks

Perry Bacon Jr.
theGRIO REPORT - Making the most prominent appearance in front of a largely black audience of his presidential campaign, Mitt Romney criticized President Obama’s record on education and the economy at the NAACP’s national convention...
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CNBC Market Update

theGrio, CNBC Market Update

Shartia Brantley
VIDEO - Investors had quite a few economic reports to sift through last week, but all eyes were on the jobs report...
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President Barack Obama smiles as he returns to the White House in Washington, Sunday, July 8, 2012, from Camp David, Md. (AP Photo/Manuel Balce Ceneta)

Obama to push extension of middle-class tax cuts

Julie Pace, Associated Press
WASHINGTON (AP) - President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate...
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(Photo by Kevork Djansezian/Getty Images)

Can VCAP's 'Pitch Night' put us back to work?

Shartia Brantley
theGRIO REPORT - TheGrio recently spoke to members of the Venture Capital Access Program or VCAP© to discuss their highly anticipated Pitch Night, which was held on June 27th in New York City...
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Chip Somodevilla/Getty Images News

Jobs report could blunt Obama momentum

Associated Press
AKRON, Ohio (AP) - A weak monthly U.S. jobs report could spell trouble for President Barack Obama and shift momentum to Mitt Romney, the presumptive Republican presidential nominee...
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President Barack Obama delivers remarks during a campaign event  at James Day Park on July 5, 2012 in Parma, OH. Obama is emphasizing his proposals to reduce unemployment. (Chip Somodevilla/
Getty Images News)

Obama: Economy has to grow 'even faster'

Ben Feller, Associated PRess
POLAND, Ohio (AP) - A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning...
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(Photo by Alex Wong/Getty Images)

Romney blames Obama for sluggish job growth

Steve Peoples, Associated Press
WOLFEBORO, N.H. (AP) - Republican presidential candidate Mitt Romney says the nation's ongoing sluggish job growth is unacceptable...
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Unemployment-Black-America16X9.jpg

Black unemployment up in June

Perry Bacon Jr.
theGRIO REPORT - Overall unemployment remained at 8.2 percent in June, but the jobless rate for African Americans increased by almost a point to 14.4 percent, the Department of Labor announced Friday in its monthly employment report.
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