NEW YORK, Oct 29 - Data showing the U.S. economy grew 3.5 percent in the third quarter confirms the United States is "turning the corner" after a deep recession, senior White House aide Lawrence Summers...
NEW YORK, Oct 29 - Gross domestic product growth in the third quarter confirms the U.S. economy is "turning the corner" after a deep recession, senior White House aide Lawrence Summers said on Thursday. Summers,...
* U.S. economy grows in Q3, unofficially ends recession * Recovery aided by consumers, home-building investment * Inventory drawdown moderates, seen supporting Q4 GDP * New jobless claims slip, continued claims slide (Adds details, Geithner...
OBAMA SAYS STILL "LONG WAY TO GO" TO FULLY RESTORE U.S. ECONOMY...
* U.S. economy grows in Q3, unofficially ends recession * Recovery aided by consumers, home-building investment * Inventory drawdown moderates, seen supporting Q4 GDP * New jobless claims slip, continued claims slide (Updates market reaction,...
WASHINGTON, Oct 29 - A top economic adviser to U.S. President Barack Obama said on Thursday that gross domestic product growth is an encouraging sign that the economy is moving in the right direction, but...
* U.S. economy grows in Q3, unofficially ends recession * Recovery aided by consumers, home-building investment * Inventory drawdown moderates, seen supporting Q4 GDP * New jobless claims slip, continued claims slide WASHINGTON, Oct 29...
WASHINGTON, Oct 29 - The U.S. economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded, data showed on Thursday, unofficially ending the...
People will always question what the future economy will look like after it suffers a recession. Though there are different implications with each recession - owing to its causes and the governmental and financial changes that are brought about - the economy will definitely shift and there will emerge new economic practices and trends for industries, consumers and investors.
China's economy is growing faster and its overall recovery is improving, Vice Premier Li Keqiang was quoted as saying Tuesday at a business summit in Nanning city. Typically, leaders have qualified their optimism about the recovery with warnings that it was not yet on solid ground. In a brief rep...