Barack Obama, Economy | featured news

U.S. employers added 171,000 jobs in October, and hiring was stronger in August and September than first thought. The unemployment rate inched up to 7.9 percent from 7.8 percent in September... The government revised its data to show that 84,000 more jobs were added in August and September than previously estimated. The jobs gains in October were widespread across industries. And the percentage of Americans working or looking for work rose for the second straight month.

Non-farm payrolls in October are forecast to have risen 124,000, barely more than September's 114,000 gain, according to 78 economists polled by Reuters. The unemployment rate probably edged back up to 7.9 percent after falling to 7.8 percent from 8.1 percent last month. The figures are due on Friday.

Chinese Internet users who watched live streams of Monday’s U.S. presidential debate heard President Obama and Republican challenger Mitt Romney criticizing China with some of their toughest language of the campaign – which many Chinese assume the candidates will dial down once the election is over.

President Obama touts antidiscrimination legislation and attacks Mitt Romney for targeting Planned Parenthood, while Romney says women have suffered under Obama... Picking up where their contentious debate left off, President Obama and challenger Mitt Romney battled Wednesday for the support of female voters, underscoring their potentially decisive role in settling the fiercely competitive race.

U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Barack Obama's re-election hopes next month.

When conspiracists suggested Friday that the Obama administration had engineered a sharp drop in unemployment to aid President Barack Obama's re-election, the response was swift. Career government officials, economists and even some Mitt Romney supporters issued a collective sigh. The staffers who compute the U.S. unemployment rate work in an agency of the Labor Department. Officials who have overseen the work say it's prepared under tight security with no White House input or supervision.

For Mitt Romney, it was the number that proved everything. Since the very first speech of his campaign, the Republican candidate has used a simple figure to bolster his argument that President Obama couldn’t fix the U.S. economy: 8 percent.

President Barack Obama's lackluster performance in the first U.S. election debate provoked uneasiness in European capitals on Thursday, where hopes are mostly, if unofficially, pinned on his securing a second term.

Are you better off now than four years ago? If you live in one of the key swing states, chances are the answer is "yes." And that could prove to be a difference maker in the competitive race for the White House.

Just a day after Romney went after Mr. Obama for allegedly not cracking down on China's economic "cheating," the president's re-election campaign is rehashing is attempting to cast doubt on his credibility on the subject. "Mitt Romney? Tough on China? Romney's companies were called pioneers in shipping U.S. manufacturing jobs overseas," says a narrator in the thirty-second spot, entitled "The Cheaters," which is set to air on television in nine battleground states.