Barack Obama, Economist | featured news

President Obama is getting 'mediocre' marks for his handling of the economy from a group of economists polled by the Associated Press.

A White House official says President Barack Obama will name labor economist Alan Krueger to a top administration post.

Government economic forecasters say President Obama's healthcare overhaul will increase the nation's healthcare tab instead of bringing costs down. The report by economic experts at the Department of Health and Human Services, released late Thursday, says the healthcare remake will achieve Obama's aim of expanding coverage.

President Obama said he was looking for a "careful balance" when sketching his blueprint to stabilize the nation's financial sector and wring from the system the kind of risky practices that propelled the country into economic turmoil.