Seven years ago, Lehman Brothers filed for bankruptcy, setting in motion the worst financial crisis since the Great Depression. In fact, the onset of the Great Recession was more severe across a wide range of measures than the Depression itself—including substantially larger losses in wealth, a significantly larger contraction in global trade, and a comparable reduction in employment and private demand. In these ways the economy in late 2008 looked like it could have been on track for an outcome comparable to the Great Depression.Read More
In September 1968, Congress authorized President Lyndon B. Johnson to proclaim National Hispanic Heritage Week, observed during the week that included Sept. 15 and Sept. 16. Congress expanded the observance in 1989 to a monthlong celebration (Sept. 15 – Oct. 15) of the culture and traditions of those who trace their roots to Spain, Mexico and the Spanish-speaking nations of Central America, South America and the Caribbean.
If you're on the hunt for a franchise, one of the things to consider is equity. It’s something that is not usually top of mind with most franchise buyers. That’s because they’re considering...Read More
Today the President is traveling to Des Moines, Iowa, to join Secretary of Education Arne Duncan’s sixth annual Back-to-School bus tour. The President and Secretary Duncan will host a town hall with high school juniors, seniors, and their parents to discuss college access and affordability.
Off to Iowa. A photo posted by Pete Souza (@petesouza) on Sep 14, 2015 at 9:31am PDT
Tune in here to watch the townhall at 4:40pm EST:
But for the first stop, the President is touring the Iowa State Library.Read More
Completing higher education can provide huge benefits to students that last throughout their lives. Decades of research have shown large returns to higher education in terms of labor market earnings, health, and happiness. Compared to those with a high school diploma, college graduates earn $1 million more over their lifetimes and have an easier time finding a job.Read More
Commercial goods and products will always require transportation to new locations. In a growing marketplace, this need presents a great opportunity for new transportation businesses – but the...Read More
President Barack Obama bids farewell to Pope Francis following a private audience at the Vatican, March 27, 2014. (Official White House Photo by Pete Souza)
Pope Francis will make his first-ever trip to the United States next Tuesday, September 22. He’ll be arriving from Havana, Cuba for a three-city tour that will take him to Washington, DC, New York, and Philadelphia. On Wednesday, September 23, the President and First Lady will welcome him at the White House. You can watch the arrival ceremony and find other information about the Pope’s trip at wh.gov/campaign/pope-visit.Read More
In this week's address, the President announced the launch of a new College Scorecard, meant to help students and parents identify which schools provide the biggest bang for your buck. Designed with input from those who will use it most, the Scorecard offers reliable data on factors important to prospective students, such as how much graduates earn, and how much debt they have when they graduate.Read More
This week, the President welcomed to the White House the Saudi Arabian king, champions in athletic excellence, and awardees in artistic prowess. He also traveled to Massachusetts and Michigan. That's September 4th to September 10th or, "Heads Up America."
Friday, September 4
On Friday, the President welcomed His Majesty King Salman of Saudi Arabia to the White House.
Monday, September 7Read More
As we reflect on the lives we lost and pay tribute to the families who still live with extraordinary pain, let us resolve to continue embodying the American spirit that no act of terror can ever extinguish.
President Obama, September 10, 2015
To mark the 14th anniversary of the 9/11 terrorist attacks on America, President Obama is asking all Americans to observe today as an officially designated Patriot Day and National Day of Service and Remembrance, with acts of selflessness and charity.Read More