Economic Stimulus | featured news

About 30000 jobs have been directly created or saved by contractors who received money from the federal stimulus program, according to new reports today. The reports cover only a small portion of the $787 billion package: spending ...

A White House spokesman said Wednesday that the United States has avoided falling off an economic cliff, citing as evidence a new report showing factory orders rose in June for the fourth time in five months, an unexpected gain and the latest sign that the ailing manufacturing sector is recovering.

U.S. and Chinese officials began grappling on Monday with how and when to withdraw the huge economic stimulus spending each has applied and to put in place measures to promote steadier long-term growth.

China's government has turned its economy around far faster than most thought possible, as officials said Thursday that growth accelerated to 7.9% in the second quarter.

President Obama on Saturday dismissed the idea the nation might need a second stimulus to jolt the economy out of recession and ...

WASHINGTON — Despite persistently high unemployment, Treasury Secretary Timothy Geithner said Friday the Obama administration's economic stimulus plan is on the "expected path."

"There's been substantial improvements in arresting what was the worst recession globally we've seen in generations," Geithner told lawmakers Friday.

Most economists in the Journal's forecasting survey said the U.S. doesn't need another round of stimulus, despite expectations of severe job losses.

As jobless rate climbs, White House scrambles to reassure public Obama's plan is on right track.

Democrats are all over the map on the stimulus and the possibility of a sequel.

Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.