U.S. Business

David Frum

David Frum: We can't blame the poor for America's poverty problem

They can't work when there aren't jobs

11 Comments
A homeless person in New York City: Roughly 1 in 6 Americans now live in poverty, according to the U.S. Census Bureau.

America's highest poverty rate in nearly 20 years: By the numbers

An increasingly bleak job market is having devastating effects on the nation's families

20 Comments
Bank of America is trying to save money by cutting 10 percent of its workforce, but the financial behemoth still faces a raft of lawsuits and other problems.

Will cutting 30,000 jobs save Bank of America?

The struggling banking giant tries to save $5 billion a year by laying off 10 percent of its staff

16 Comments
President Obama wants to pay for his $447 billion jobs plan by taxing the rich, and many conservatives are already vowing to oppose that strategy.

Paying for Obama's jobs bill: Tax hikes for the rich?

The president wants to fund his $447 billion jobs bill by scrapping tax breaks for hedge fund managers — and families making north of $250,000 a year

18 Comments
The jobs plan President Obama outlined last week will be officially presented to Congress Monday, though many political watchers expect the House GOP to kill many elements of the plan.

Obama's jobs plan: 'Dead on arrival'?

Republicans and business owners are dismissing the president's proposal to fight unemployment — before Obama even sends it to Congress

26 Comments
The California headquarters of solar-panel maker Solyndra: The FBI's raid here Thursday may take a toll on President Obama, who gave the company hundreds of millions of dollars in stimulus money.

What the FBI's Solyndra raid means: 3 theories

The saga of the bankrupt company that once played a starring role in President Obama's green jobs push takes an unexpected turn

12 Comments
There are no age restrictions or skill tests for Amish buggy driving, but after a deadly crash in Indiana, critics say there ought to be.

Time for Amish buggy driving tests?

A deadly Labor Day accident raises questions about the safety of letting children take horse-drawn carts into traffic

A shuttered post office in New Mexico: The beleaguered U.S. Postal Service may not survive the winter if Congress doesn't agree to a hefty bailout.

Can the Postal Service be saved?

The agency is on the brink of financial disaster, and without a government bailout, your local post office might not survive the winter

28 Comments
President Obama and several other politicians are unveiling job plans this month, and there's fierce debate about the best way to tackle the nation's nagging unemployment problem.

6 ways Washington could create jobs

As the economy sputters, Americans are angry that lawmakers have done relatively little to actually create jobs. What should they be doing?

28 Comments
Worried about that weather? A battery-operated device now allows drivers to communicate their feelings with a range of emoticons.

'Drivemocion': Emoticons for your car

Looking for a cuter way to express your road rage? This gadget offers 16 light-up messages to send your fellow drivers

The Verizon strike in August accounted for a temporary loss of 45,000 jobs. Since those jobs are all coming back, some argue that August's brutal jobs report is not as bad as it appears.

The 'horrific' August jobs report

The U.S. economy failed to add any new jobs last month — the worst showing in nearly a year. Does the report offer anything resembling a silver lining?

23 Comments
Ford's new concept car, the Evos, is a hybrid that connects to the cloud to manage your schedule and music library.

Ford's 'sexy' Evos: Can this car run your social life?

A new concept car promises to manage your schedule, turn off the lights in your house, and set your alarm clock

8 Comments
President Obama toured the Solyndra solar-panel plant in May, 2010, after extending a $535 million federal loan to the company, which is now filing for bankruptcy.

Solyndra's bankruptcy: 'Political catastrophe' for Obama?

Obama nurtured the solar-panel maker with $535 million in his push to create green jobs. Now it's kaput and its 1,100 employees are out of luck

14 Comments
David Frum

David Frum: How America will achieve energy security

GOP presidential candidate Jon Huntsman commits to U.S. energy independence. Some advice for how he can succeed in that goal

5 Comments
Exxon CEO Rex Tillerson (left) speaks with Russian Prime Minister Vladimir Putin (right) during the signing ceremony for a deal that gives the energy giant access to oil in the Russian Arctic.

Exxon snags a 'coveted' Russian oil prize: 5 consequences

The energy giant inks a potentially lucrative deal to explore the promising Russian Arctic for oil — and aggravates archrival BP in the process

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