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White House: Consumer Spending Will Decline Unless Congress Averts Fiscal Cliff

By Mil Arcega | VOA News on Nov 27, 2012   National  

It was a blockbuster weekend for retailers, as Americans took advantage of big discounts to ring in the holiday shopping season. But you wouldn't know it from the reaction on Wall Street.

Poor US Job Numbers Play Key Factor in Presidential Race

By Mil Arcega | VOA News on Sep 8, 2012   Politics  

WASHINGTON — The U.S. economy added just 96,000 jobs in August, fewer than economists were expecting. The jobless rate fell from 8.3 to 8.1 percent – but only because more Americans stopped looking for work.

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