President Barack Obama and Vice President Joe Biden are traveling to a community college in Pennsylvania on Wednesday to announce the investment of hundreds of millions of dollars in new job training programs.
Industrial production in the U.S. rose by more than expected in the month of March, the Federal Reserve revealed in a report on Wednesday, with the report also showing a notable upward revision to the pace of production growth in the previous month. The report said industrial production increased by 0.7 percent in March after surging up by an upwardly revised 1.2 percent in February.
Housing starts in the U.S. showed a notable increase in the month of March, according to a report released by the Commerce Department on Wednesday, although starts still came in well below economist estimates. The report showed that housing starts climbed 2.8 percent to an annual rate of 946,000 in March from the revised February estimate of 920,000.
The United States and the United Nations have condemned the recent terrorists attacks in Nigeria in which dozens were killed and scores of others injured. Nigerian government has blamed Boko Haram, an armed radical Islamist militant group, for the attacks.
"We condemn today's attack on Nyanya Motor...
NATO Secretary General Anders Fogh Rasmussen said the Ukraine crisis has amplified the need to strengthen cooperation between the western military alliance, the European Union and with close partners, according to a statement issued Tuesday.
"We need to train and exercise more together, for instance...
Despite pressure from national Democrats, Alex Sink revealed Tuesday that she won't attempt a rematch against Congressman David Jolly, R-Fla., in November. Sink, who narrowly lost to Jolly in a special election to replace the late Rep. Bill Young, R-Fla., last month, was seen by many as Democrats' best chance to pick up the seat.
Amid escalating tensions in eastern Ukraine, the results of a new McClatchy-Marist Poll found that most American voters think Russia won't stop at its recent annexation of the Crimea region. The poll found that 67 percent of voters think Russian President Vladimir Putin will send troops into Ukraine, while just 25 percent think Russia will stop at Crimea.
U.S. President Barack Obama and his Russian counterpart Vladimir Putin spoke regarding the ongoing crisis in Ukraine for the first time in over two weeks on Monday, although the two leaders remain far apart on the cause of escalating tensions.
Homebuilder confidence in the U.S. has seen a modest improvement in the month of April, according to a report released by the National Association of Home Builders on Tuesday. The report showed that the NAHB/Wells Fargo Housing Market Index edged up to 47 in April from a downwardly revised 46 in March.
Business activity for New York manufacturers was roughly flat in the month of April, the Federal Reserve Bank of New York said in a report on Tuesday, with the index of regional manufacturing activity showing an unexpected decrease. The New York Fed said its general business conditions index dropped to 1.3 in April from 5.6 in March, although a positive reading indicates growth.
Consumer prices in the U.S. rose by slightly more than expected in the month of March, according to a report released by the Labor Department on Tuesday, with the growth largely reflecting higher prices for food and shelter. The Labor Department said its consumer price index rose by 0.2 percent in March after inching up by 0.1 percent in each of the two previous months.
President Barack Obama addressed the shootings at a Jewish community center and retirement complex in a suburb of Kansas City in remarks on Monday, declaring that religious-based violence has no place in society. Speaking at an Easter prayer breakfast at the White House, Obama offered prayers for the people of Overland Park, where three people were killed in the attacks on Sunday.
Business inventories in the U.S. rose by less than expected in the month of February, according to a report released by the Commerce Department on Monday, although the report also showed a notable rebound in business sales during the month. The report showed that business inventories rose by 0.4 percent in February, matching the increase seen in January.
A day before the April 15th deadline for Americans to file their taxes, Gallup released the results of a poll on Monday showing that more than half of Americans think the amount they have to pay in federal income tax is too high. The poll found that 52 percent of Americans think the amount they pay in federal taxes is "too high," while 42 percent said the amount they pay is "about right."
With Americans heading back to the stores after the unusually rough winter, the Commerce Department released a report on Monday showing that U.S. retail sales rose by more than expected in the month of March. The report showed that retail sales jumped by 1.1 percent in March after climbing by an upwardly revised 0.7 percent in February.