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Fifty percent of U.S. workers earned less than $26,364 last year, reflecting a growing income gap between the nation's rich and poor, the government reported Thursday.

A new contract between Ford Motor Co. and the United Auto Workers union will raise the automaker's labor costs by less than 1 percent a year, reaching a company goal of holding the costs steady, executives said Thursday.

The billion-dollar health reform idea, how not to sweat open enrollment and the retirement conundrum

The House has passed legislation to extend provisions of a half-century-old program that helps workers hurt by foreign trade with retraining and financial aid.

The effort may be futile, but Senate Republicans decided Tuesday to make one more attempt at settling their differences with House members on a business-incentive bill that has been the focal point of a six-week long special session.

The Senate faced a critical "moment of truth," President Barack Obama declared Tuesday as lawmakers neared a vote on his $447 billion jobs bill. Despite his exhortations, defeat was likely at the hands of Republican senators opposed to stimulus spending and a tax surcharge on millionaires.

Decrying the human toll of the nation's economic and financial crisis, a group of corporate and labor leaders advising President Barack Obama is calling for sweeping and urgent changes in government policies, from liberalized immigration and less restrictive regulations to a more business friendly tax system and greater spending on...

President Barack Obama's jobs bill, facing a critical test in the Senate, appears likely to die at the hands of Republicans opposed to stimulus spending and a tax surcharge on millionaires.