Tagged: Economy

Hourly workers at General Motors will soon be getting profit-sharing checks of up to $7,000 each after the automaker reported record earnings this week. President Obama may also get a political dividend, two and a half years after a government-engineered turnaround.

Obama reminded a group of United Auto Worker members this week that, back in 2009, his rescue of GM and Chrysler had plenty of critics.

Call it the resurrection of the timeslot of death.

For years, Friday nights have carried a grisly reputation — where shows on broadcast networks are sent to die. But a certain kind of cable show has recently performed well — even really well — on Friday nights.

Congress is poised to approve legislation to continue a payroll tax holiday and extend benefits for the long-term unemployed.

The goal is to make sure Americans have enough spending money to keep the recovery from faltering. President Obama is expected to sign the legislation.