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U.S. stocks score gains on election eve
NEW YORK — US stocks scored gains Monday on the eve of the presidential vote, with President Barack Obama and Republican challenger Mitt Romney locked neck-and-neck in the race for the White House. The Dow Jones Industrial Average gained 19.28 points (0.15 percent), finishing at 13,112.44. The broad-based S&P 500…
‘Million Puppet March’ hits back at Romney’s PBS threat
Several hundred supporters of US public broadcasting marched on Capitol Hill Saturday in a “Million Puppet March” in favor of ongoing federal funding for non-commercial programming. The good-humored protest was prompted by Republican challenger Mitt Romney’s threat, in a televised debate with President Barack Obama a month ago, to halt…
Jobless rate could tick higher, say analysts
WASHINGTON — The US unemployment rate could tick up slightly but the numbers will likely show an economy still generating new positions at a modest rate when October’s jobs report is published Friday. In the last marker before the November 6 election of President Barack Obama’s record in battling high…
Campaigns to spend $6 billion in 2012: report
WASHINGTON — US political campaigns will spend $6 billion in federal races this year, making the 2012 general election the most expensive poll in American history, experts said Wednesday. The presidential election pitting President Barack Obama against Republican challenger Mitt Romney, alone accounts for $2.6 billion, according to the Center…
Obama administration renews calls that China currency is undervalued
US President Barack Obama’s ambassador to China renewed calls Thursday for Beijing to let its currency appreciate further after Republican challenger Mitt Romney pressed for a harder line. Ambassador Gary Locke said that he would “not engage in political debates” but said that the US position “is very clear and…
Obama gets post-convention poll boost
WASHINGTON — US President Barack Obama received a significant bounce from his party’s convention last week and now leads the White House race by a clear margin, polls indicated Monday. A polling aide to Republican challenger Mitt Romney dismissed any bump as a “sugar-high” that would dissolve once the harsh…
Obama calls for rebuilding U.S. economy
US President Barack Obama said Saturday the United States needed to do more than just reclaim jobs lost to the recession, as he called for rebuilding the economy to make it secure for future generations. “Our mission isn’t just to put people back to work – it’s to rebuild an…
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