Economic Growth | featured news

Retail sales posted a better-than-expected increase in January, a welcome development that could mean stronger economic growth in coming months.

At the end of last year, the economy likely grew for the second straight quarter - possibly at the fastest pace in nearly four years....

If China keeps up a 8.7 growth rate, it will likely replace Japan as the world’s second-largest economy this year.

India's economic growth surged in the third quarter at a much faster pace than expected, increasing odds that the central bank will raise interest rates to head off inflation.

Bernanke said the U.S. economy will continue to grow in 2010 and the underlying strength of the world's largest economy will help ensure the dollar stays firm.

President Barack Obama said Saturday that reports the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show "we are moving in the right direction."

The government reported that output of goods and services grew at a 3.5 percent annual rate, which was faster than expected. But it will be months before job-seekers feel the benefits.

Beijing has spent its way to a sugar high. Since last November, Beijing has spent perhaps as much as $900 billion--from its own funds as well as those of the larger state banks--to jump start its $4.3 trillion economy. No government can disburse that amount of cash without creating some economic activity.

China's economic growth picked up last quarter as expected as a combination of breakneck investment and buoyant bank lending more than made up for a slump in exports.

The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and will pass 10 percent, former Federal Reserve Chairman Alan Greenspan said Sunday.