Obama pressed the joint session of Congress to "pass this jobs plan right away." The 'American Jobs Act' includes extended and expanded payroll tax cuts and spending on schools and infrastructure.
Thousands of workers have been laid off every month this year, while businesses struggle to stay afloat. With stock prices plummeting, more CEOs may start losing their jobs.
While thousands of rank-and-file workers face layoffs every month, shakeups are also happening at the top ranks of companies. The latest cuts come at Yahoo and Bank of America, both struggling in today's tough market.
Because of new sentencing guidelines, up to 12,000 inmates around the country will be eligible for early release. A Missouri nonprofit looks to get them employed, which could help save the country from $200 million in prison expenses
The ground work for negotiating three trade agreements are beginning in Congress, but there's a political argument over a longstanding program that helps re-train workers who have lost their jobs because of foreign competition.
