Economy

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Consumer confidence hits a two-year low

Aug 30, 2011
American consumers are as skittish as they were in 2009, and that could put a crimp on our economy.
Posted In: Economy

GDP growth stalls at 1%, fears of recession grow

Aug 26, 2011
U.S. GDP growth was a tiny 1 percent in the second quarter of the year. But is this typical of recession, or recovery?
Posted In: Economy

Low GDP numbers put more weight on Bernanke speech

Aug 26, 2011
The U.S. Gross Domestic Product grew just 1 percent in the second quarter of 2011. Along with lagging unemployment rates, these figures put even more pressure on Ben Bernanke to take action.
Posted In: Economy

Markets wait for word from Ben Bernanke

Aug 25, 2011
The price of gold is down, and the future of the U.S. economy is uncertain. Many anxiously await Federal Reserve chairman Ben Bernanke's speech tomorrow, in which he could potentially announce another stimulus program.
Posted In: Economy

This downturn economy is different from the rest

Aug 25, 2011
Our current economic troubles have often been compared to those of the past, like the Depression of the 1930s. But how is it different?
Posted In: Economy

Low interest rates hurt some, help others

Aug 24, 2011
The Federal Reserve's low interest rate policy has cut savings income for many Americans. Is it generating the intended economic benefits?
Posted In: Economy

Companies spending less on the future

Aug 24, 2011
At first glance, the latest report on spending on durable goods looks encouraging, but a decline in one category -- companies investing in equipment -- suggests a lack of confidence in future growth
Posted In: Economy

A recovery is possible, but will take time

Aug 23, 2011
Financial expert and author John Mauldin says he thinks the world has to come to terms with a new economic reality, and could be on the road to recovery within five to six years.
Posted In: Economy

S&P deals with its own downgrade

Aug 23, 2011
Standard & Poor's finds itself the only credit rating agency to downgrade U.S. debt, while critics question its own credibility and investigators look into its rating of mortgage bonds.
Posted In: Economy

Markets react to moves in Libya and at the Fed

Aug 22, 2011
After a tough few days last week, markets are back up this morning. Is it thanks to Libya, Federal Reserve chairman Ben Bernanke or something else entirely?
Posted In: Economy

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