The International Monetary Fund suggests countries look at a range of policy ideas that could redistribute wealth while helping the economy.
The plan would provide retroactive benefits to those who lost federal help after Dec. 28.
The president offered few details of exactly how the rules will be changed.
First-time claims for jobless benefits fell by 9,000 last week, another sign that businesses are laying off fewer workers and the labor market is improving.
It is “natural” to be concerned about outsized political influence by large financial institutions, according to a top nominee to join the Federal Reserve.
Stanley Fischer, tapped by the president to serve as the Fed’s vice chairman, told members of the Senate Banking Committee Thursday that it obviously would be a concern if a handful of big banks or a single institution gained a disproportionate amount of say in the federal government. But at the same time, he said, Congress should not fret about the time he spent at Citigroup, one of the nation's largest banks.
Retail sales thawed out last month after plunging in January as severe winter weather battered most of the country.
February sales rose by a seasonally adjusted 0.3 percent, a swing back into positive territory after a 0.6 percent drop the previous month, which was even lower than first reported, the Commerce Department said Thursday.
Nineteen percent say unemployment and jobs is the top issue in a new poll.
Republicans oppose the measure, pointing to a CBO report predicting major job losses.
Earlier Obama announced a plan to expand those eligible for overtime pay.
Manufacturers' optimism has perked up to its highest levels in more than a year, according to a new survey released on Monday.
A National Association of Manufacturers (NAM) survey found that found that 86.1 percent of respondents were either somewhat or very positive about their company’s outlook, the highest sign of manufacturer confidence since the fiscal cliff debate of 2012.