An auto worker tightens bolts on the wheel of a Focus at a Ford plant in Wayne, Mich. Reports this week showed increases in auto sales and manufacturing jobs.
Here's something you haven't heard in years: The U.S. economy had a great week, with reports showing jobs being created in several sectors, new-home sales surging and factories humming. Oh, and unemployment is the lowest it's been since 2008.
The unemployment rate fell to 7 percent and employers added 203,000 jobs to payrolls in November.
December 5, 2013 Thousands of restaurant workers protested Thursday in cities around the country, calling for an increase in wages to $15 an hour. Many fast-food workers make so little that they rely on public assistance to get by, even as profits at many franchises have nearly doubled in recent years. But not everyone agrees that raising the minimum wage will fix the problem.
December 5, 2013 U.S. real gross domestic product rose from a 2.5 percent gain in the second quarter. And the number of people filing first-time claims for unemployment insurance fell to 298,000 last week.
December 5, 2013 Having trouble wrapping your head around southern Europe's staggering unemployment problem? This week, Ikea advertised for 400 jobs in a new megastore on Spain's Mediterranean coast. It got more than 20,000 online applicants in 48 hours, before the retailer's computer servers crashed.
December 4, 2013 Obama, who has been criticized in recent weeks over the flawed rollout of HealthCare.gov, steered the conversation Wednesday back to the economy. His remarks on inequality follow similar comments the pope made last week.
December 4, 2013 Two U.S. banks — JPMorgan Chase and Citigroup — are on the list of institutions targeted by the EU fines. At more than $2 billion, the largest fine ever issued by the European Union in such a case came after a two-year investigation into banks' collusion.
December 4, 2013 The latest ADP National Employment Report says private employers added 215,000 jobs last month, making it the strongest month for job growth since a year ago. And in October, America's trade gap narrowed on the strength of record exports to China, Canada and Mexico.