Struggling Detroit Seeks Economic Boost Detroit, the heart of America's car industry, was once one of the richest cities in the United States. But car manufacturers have downsized their work force, and, in recent decades, more than half of Detroit's...
A recent rise in the U.S. unemployment rate has rekindled debate on America's slow-growth economy and what can be done to spark expansion and create badly-needed jobs. Historically, U.S. economic recoveries have gained momentum over time. But a year...
U.S. President Barack Obama spent a second day in California Thursday, promoting his economic recovery plan and asking Americans to be patient. The president also announced new aid for California's struggling homeowners. President Obama (left) with...
