For months, the job market's strength has been exceeding economists' predictions. It happened again today: the Labor Department's weekly report on first-time jobless claims came in at just 348,000 — the lowest level in four years.
Most economists had predicted about 355,000 people had applied for unemployment benefits in the week ended March 17. So why do they keep missing the mark?
The only Canadian on death row in the United States is in the Montana State Prison, about an hour and a half southeast of Missoula. After almost three decades, he is asking the governor of Montana for mercy. The request for clemency is the last chance Alberta native Ronald Allen Smith has of avoiding execution.
"I've been here for 29 years," says Smith, who has spent more of his life inside the state's maximum security block than he has spent outside of it. He has tried to think about his crime as little as possible.
The Patient Protection and Affordable Care Act — the health care overhaul law that President Obama championed and Republicans rejected — turns two on Friday.
The law is headed to the Supreme Court on Monday, where the Justices begin hearing three days of arguments about the constitutionality of the law. Ahead of the big day, we asked for questions from our audiences online and on air. Here's a sampling of questions, edited for clarity and length, and the answers.
Hungry for a good dystopia? Well, as you may be gathering from reports of the millions of tickets sold before prints were even shipped to theaters, author Suzanne Collins has a feast for you in the first movie installment of her young-adult trilogy The Hunger Games.
As the Supreme Court debates the constitutionality of his signature domestic policy achievement next week, President Obama will be keeping his distance from the events in Washington.
A coincidence of timing puts the president in South Korea for a global nuclear security summit on Monday and Tuesday, as the Supreme Court holds the first two of its three days of historic oral arguments on the new national health care law.
As the Supreme Court gets ready to hear arguments about President Obama's health care law, supporters and opponents are planning a flurry of rallies, press conferences and phone banks to remind people why the law is so great — or so terrible. Republicans have been energized by their desire to see the law repealed, but the issue could be more complicated for the GOP than it seems.
The Senate passed a bill Thursday to explicitly ban insider trading by members of Congress and the executive branch, and that means the Stop Trading on Congressional Knowledge Act is headed to the president's desk.
But this STOCK Act is quite a bit weaker than earlier versions.
The STOCK Act has been on a glide path ever since an explosive 60 Minutes story last fall highlighted the issue of members of Congress apparently profiting on nonpublic information.