Economic Recovery | featured news

Retail sales drop 0.5% in June

Retail sales fell in June for the second straight month, more evidence that the U.S. economic recovery will slow in the second half of the year.

 

Stocks surge after Alcoa, CSX report strong profit

Stocks rose sharply Tuesday after earnings reports from Alcoa and CSX reassured investors about the pace of the economic recovery.

 

Businesses step up criticism of Obama's agenda

Some business groups, upset about budget and regulatory policies they say are costing jobs, are accusing President Barack Obama of pursuing an agenda that is hurting the U.S. economic recovery.

 

Unemployment rate falls, but job momentum weak

Unemployment rate falls, but job momentum weak

Private employers add 83,000 jobs in June, more than double the rate in May but still below the numbers that would suggest a strong recovery.

 

Summers says economy healthier now than year ago

Top White House economic adviser Lawrence Summers said on Thursday the U.S. recovery has a long way to go but the economy is far healthier now than it was a year ago.

 

Fed to keep rates low to support weak recovery

To sustain the fragile economic rebound, the Federal Reserve is sure to leave interest rates at record lows and is likely to repeat a pledge to keep them there for a while.

 

New home sales at record low as tax credit expires

Sales of new homes dropped a record 32.7 percent in May to the lowest level in at least four decades as the boost from a popular tax credit faded, adding to worries of a slowing economic recovery.

 

Dow closes up 225 points after pending home sales top forecasts

The stock market rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

 

U.S. Construction Spending and Factory Use Rise

New data indicate the American economy is continuing to recover despite the European slowdown.

 

Fed Officials Upbeat On U.S. Recovery

Fed Officials Upbeat On U.S. Recovery

Two senior Federal Reserve officials were upbeat Monday about the U.S. economic recovery despite the worsening debt crisis in Europe, but gave no indication the Fed is anywhere near raising interest rates.

 

Subscribe to this RSS topic: Syndicate content