Economy

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December 9, 2011

Obama says jobless rate could drop to 8 percent

WASHINGTON (AP) - Setting a new bar for the nation's economy, President Barack Obama said the United States unemployment rate…
December 9, 2011

12/09/11 – the Grio and CNBC Market Update

VIDEO - The Federal Reserve will meet to discuss the economy and interest rates. During their November meeting the Fed…
December 2, 2011

Unemployment rate falls to lowest level in more than two years

WASHINGTON (AP) - The unemployment rate fell last month to its lowest level in more than two and a half…
November 23, 2011

Gender disparity even among black 1 percent

theGRIO REPORT - Ironically, black women are earning more college degrees their male counterparts, but have not been able to…
November 22, 2011

Black Wall Streeters on the fence about Occupy

theGRIO REPORT - As Americans voice their dissatisfaction about Wall Street, we wanted to hear from some workers on Wall…
November 21, 2011

UN: AIDS epidemic stabilizing, still work to do

LONDON (AP) - Critics say that the body's aim of wiping out the disease is overly optimistic, however, considering there…
November 18, 2011

Detroit mayor: 1,000 job cuts amid budget crisis

DETROIT (AP) - Detroit plans to cut 1,000 jobs by early next year to help deal with the city's budget…
November 17, 2011

Slow improvement in job market

WASHINGTON (AP) - Little by very little, the job market is getting better...
November 17, 2011

Reality 'wives' are all wrong when it comes to money

OPINION - Truly wealthy and rich people understand the irresponsibility of bragging on their bank accounts in this economy...
November 16, 2011

Detroit mayor to declare city on brink of bankruptcy

theGRIO REPORT - The city of Detroit could face potential bankruptcy by next Spring if significant cuts are not made.…
November 16, 2011

Jacksonville's 1st black mayor seeks to jumpstart economy

theGRIO REPORT - Like Obama, Brown was the underdog who took critics by surprise as his campaign gained momentum and…
November 15, 2011

Romney: I don't think Obama 'understands America'

COLUMBIA, S.C. (AP) - White House hopeful Mitt Romney on Tuesday criticized President Barack Obama for saying the U.S. had…
November 9, 2011

Obama seeks ideas on reducing black joblessness

WASHINGTON (AP) - President Barack Obama acknowledged on Wednesday that black Americans have faced 'enormous challenges' with unemployment under his…
November 9, 2011

Poll: Blacks back 'Occupy', want Obama to be tougher on Wall Street

TheGRIO REPORT - African-Americans feel more positively toward the Occupy Wall Street movement compared to the general public, and want…
November 9, 2011

Obama to black leaders: 'We have to stay unified'

theGRIO REPORT - More than 100 community leaders gathered at the White House Executive Office Building Wednesday for an African-American…
November 4, 2011

80,000 jobs added in Oct., black unemployment dips to 15 percent

WASHINGTON (AP) - The report suggests that President Barack Obama will likely face the voters with the highest unemployment rate…
October 27, 2011

Is Obama unbeatable despite economic unrest?

OPINION - The 2012 GOP primary field is simply not ready or able (at this juncture anyway) to truly take…
October 25, 2011

Largest black-owned bank in US gets last minute bailout

OPINION - According to a bank official, Carver will receive a $55 million infusion of cash and will be saved.…
October 21, 2011

Obama has written personal checks to struggling Americans

HUFFINGTON POST - Got problems? Tell Barack Obama. He can help. He might even give you money...
October 20, 2011

African-Americans buying power to reach $1.1 trillion

WASHINGTON, D.C.- African-Americans' buying power is expected to reach $1.1 trillion by 2015...