BREAKING NEWS

Obama urges companies to hire, studies housing moves

By REUTERS

MAY 12, 2011 15:09

WASHINGTON - President Barack Obama urged businesses to "step up" and hire workers, pressing banks and other corporations to do more to help an economy that he said would take "several years" to recover fully.

In a town-hall style meeting conducted on Wednesday by CBS News, Obama said the weak housing market and high gasoline prices were the biggest "headwinds" dragging on the economy.

"We've got a lot more work to do to get businesses to invest and to hire," he told the audience in remarks broadcast on Thursday.

Greek military ship intercepts two Houthi drones in the Red Sea

By REUTERS

04/25/2024 09:15 AM

Almost 100 detained at anti-government protest in Armenia, media say

By REUTERS

04/25/2024 09:00 AM

Galilee council head calls for an end to the situation in the north

By JERUSALEM POST STAFF

04/25/2024 08:16 AM

Lapid on Gantz, Eisenkot: 'They are keeping an illegitimate gov't alive'

By JERUSALEM POST STAFF