Economy

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November 14, 2012

Census: New gauge shows 49.7 million poor in US

WASHINGTON (AP) - The ranks of America's poor edged up last year to a high of 49.7 million, based on…
November 12, 2012

Los Angeles bank created to serve black community to foreclose on several black churches

A group of Los Angeles pastors are protesting the foreclosure proceedings on a number churches, to be executed by a…
November 9, 2012

Obama: Wealthy must see higher taxes under plan

WASHINGTON (AP) - President Barack Obama made his first public comments Friday since the victory speech after his re-election, setting…
November 9, 2012

What is the 'fiscal cliff' anyway?

WASHINGTON (AP) - So just what is this 'fiscal cliff' that has the financial markets rattled and economists and policymakers…
November 9, 2012

Artur Davis: GOP 2012 defeated because they focused 'exclusively on the economy'

theGRIO REPORT - Artur Davis, who made headlines this year when he switched political parties and endorsed Mitt Romney at…
November 2, 2012

4 days left: Obama still ahead narrowly in swing states, jobs report unlikely to have major impact

theGRIO REPORT - President Obama remains on the path to win reelection next Tuesday, as polls continue to show him…
October 29, 2012

Hurricane Sandy could delay release of jobs report

WASHINGTON (AP) - Hurricane Sandy could complicate Friday's release of the October U.S. jobs report, the final snapshot of employment…
October 24, 2012

Mitt Romney discusses African-American economic empowerment with Black Enterprise

theGRIO REPORT - Mitt Romney, GOP presidential contender, spoke to Black Enterprise recently in a rare interview to targeted African-American…
October 9, 2012

Westgate CEO David Siegel threatens layoffs if Obama is re-elected

theGRIO REPORT - The man who takes credit for getting George W. Bush elected as president is now making efforts…
October 5, 2012

Obama: Jobs report shows America 'has come too far to turn back now'

FAIRFAX, Va. (AP) - President Barack Obama says an encouraging jobs report shows that the country has made too much…
October 5, 2012

How jobs news could boost Obama

ANALYSIS - The sharp drop in the unemployment rate is a major political boon for President Obama, allowing him to…
October 5, 2012

Former GE CEO Jack Welch accuses Obama administration of cooking unemployment numbers

theGRIO REPORT - Republicans caused eyes to roll this election season by perpetuating the meme that poll numbers favoring Barack…
October 3, 2012

Obama vs. Romney debate: 5 things to watch for

theGRIO REPORT - Here are five key questions ahead of tonight's much-hyped first debate between President Obama and Mitt Romney…
October 1, 2012

theGrio and CNBC Market Update 10/1/12

VIDEO - Besides monitoring austerity measures in Europe, investors received several economic reports last week...
September 28, 2012

Obama now can call himself job creator: 386,000 more jobs now than 2008

(AP) - It probably won't help Obama much in his race for re-election. The economy is still a long way…
September 26, 2012

New economic trends could help Obama

WASHINGTON (AP) - For the past year, as the presidential election unfolded, President Barack Obama confronted a dizzying swell of…
September 24, 2012

theGrio and CNBC Market Update 9/24/12

VIDEO - Housing stocks rose by 2.3 percent in August, but building permits, a gauge of future building activity, declined…
September 20, 2012

Obama boosted by upbeat housing reports, new polls

WASHINGTON (AP) - Fresh signs of a national housing rebound and growing support in public opinion polls boosted President Barack…
September 17, 2012

theGrio and CNBC Market Update 9/17/12

VIDEO - There was quite a bit of data for investors to analyze last week...
September 12, 2012

FDIC: 21.4 percent of black families don’t have bank accounts

WASHINGTON - A government survey shows about 821,000 U.S. households lost access to basic banking services between January 2009 and…