Economy

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June 1, 2012

US unemployment rate ticks upward

(AP) - U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked…
June 1, 2012

Jobless rate now a leading political indicator

WASHINGTON (AP) - The weak May unemployment report presents President Barack Obama with a sobering reminder...
May 31, 2012

Governor Deval Patrick calls Bain Capital a 'perfectly fine company'

theGRIO REPORT - Massachusetts Governor Deval Patrick talked about his relationship with his predecessor and current Republican candidate for president,…
May 30, 2012

Half of Detroit could potentially go dark under Bing's plan

theGRIO REPORT - The news was met with exasperation, shock, and disbelief last week as Detroit Mayor Dave Bing announced…
May 30, 2012

Campaign 2012: Trump really doesn't matter – here are 5 things that do

ANALYSIS - Here are the five things you really should be watching...
May 24, 2012

National Small Business Week: 5 resources for black entrepreneurs

theGRIO REPORT- Here are five resources that back entrepreneurs – and others – can use to start a business, grow…
May 14, 2012

5/14/2012 – theGrio and CNBC Market Update

VIDEO - Besides monitoring the European debt crisis, investors also had quite a few economic reports to sift through...
May 10, 2012

Cities encourage banks to invest in minority communities

theGRIO REPORT - City leaders are advocating for so called "responsible ordinances" to evaluate banks investment strategies and encourage banks…
May 8, 2012

President Obama sees first monthly budget surplus since 2008

The Congressional Budget office released data yesterday showing that the federal government has experienced the first monthly surplus of $58…
May 7, 2012

5/07/2012 – theGrio and CNBC Market Update

Last week, investors received quite a few economic reports. The manufacturing sector expanded in April, while growth slowed in the…
May 7, 2012

Black women benefiting during weak jobs market

theGRIO REPORT - Since December, black women have knocked more than 3 percentage points off of their unemployment rate, going…
May 4, 2012

Romney: Economy should be creating 500,000 jobs a month

WASHINGTON (AP) - Republican presidential candidate Mitt Romney is seeking an election-year advantage on the economy by setting 4 percent…
May 4, 2012

Black unemployment: Decline in government jobs hurts African-Americans

theGRIO REPORT - Blacks have been disproportionately affected; about 20 percent of black workers are in government jobs at the…
May 4, 2012

115,000 jobs created in April, black unemployment rate falls to 13 percent

MSNBC - The U.S. economy generated fewer jobs than expected in April, but the unemployment rate dipped slightly and data…
May 4, 2012

Black unemployment drops, but overall job growth largely stalled

theGRIO REPORT - Black unemployment dropped a full point to 13 percent, one of the most positive signs in a…
April 30, 2012

4/30/2012 – theGrio and CNBC Market Update

VIDEO - Where are the jobs? We'll find out with the April employment report...
April 23, 2012

Obama strong in swing states as economy improves

WASHINGTON (AP) -- President Barack Obama -- with the help of a slowly improving U.S. economy -- is gaining ground…
April 23, 2012

4/23/2012 – theGrio and CNBC Market Update

VIDEO - Housing starts declined by nearly 6 percent in March, but building permits - a gauge of future building…
April 17, 2012

Detroit continues to show signs of progress, Whole Foods set to open in Midtown

DETROIT (AP) - The Austin, Texas-based retailer plans to open a 20,000-square-foot supermarket with about 75 employees in Detroit's Midtown…
April 16, 2012

4/16/2012 – theGrio and CNBC Market Update

VIDEO - Besides the European debt crisis weighing on the markets last week, there were also several reports for investors…