The U.S. economy beat analysts' expectations in April, with 165,000 new jobs nudging the unemployment rate down to 7.5%, a four-year low. Economists said the figures suggested that short-term fiscal jitters weren't derailing a slow but steady economic recovery. "This number is back to the mainstream of what we’ve seen in this recovery," said Steve Blitz, chief economist at ITG.
Republican Gabriel Gomez and Democrat Edward Markey of Massachusetts won their parties' respective nominations in their state's U.S. Senate primary election Tuesday. "Now the fun begins," said former Gov. Michael Dukakis. "I think it's going to be a very tough next seven weeks, and we gotta take it very seriously," he said.
Think President Barack Obama is no slouch? Guess again. This gallery shows the commander in chief spends much of his time sprawling on couches, resting his feet on his Oval Office desk, or presiding over Cabinet meetings with a knee propped on the table.
President Barack Obama says the rollout of his flagship health care law has been marred by "glitches and bumps," but he insists the disruptions won't affect most Americans or stop them from benefiting from the reforms. Still, Republicans say the snags could give them ammunition going into the 2014 midterms. "Obamacare was a political nightmare for Democrats in the 2010 election. In 2014, it's shaping up to be a political tsunami," argues GOP strategist Brad Dayspring.
There is more gray hair in the workplace these days. The Department of Labor's Bureau of Labor Statistics reports that a higher percentage of Americans age 55 and older are working today than at any time since 1960. The bureau cites a number of factors for this trend, including the economic pressures of the recession and the need for workers to retain employer-provided health insurance.