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Manufacturing, Fans, Factory
In this photo taken on Thursday, Feb. 12, 2015, a man welds parts in fans for industrial ventilation systems at the Robinson Fans Inc. plant in Harmony, Pa. (AP Photo/Keith Srakocic)
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US economy posts solid 2.3 percent growth rate in Q2

The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

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Federal Reserve Chair Janet Yellen Holds News Conference
Federal Reserve Chair Janet Yellen (Mark Wilson, Getty Images)
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Yellen, Draghi upbeat despite tumult in Greece, China

The Chinese stock market is experiencing a terrifying freefall, and Greece is teetering on the brink of financial collapse.

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Pile of Money
Ingram Publishing, Thinkstock
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IMF downgrades 2015 outlook for global growth to 3.3 percent

The U.S. economy's stumble at the start of 2015 is dragging down the world's growth to the lowest level since the Great Recession, the International Monetary Fund said Thursday.

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Fed Chair Janet Yellen
Federal Reserve Board Chairwoman Janet Yellen (Win McNamee, Getty Images)
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Fed officials still cautious in June about rate hikes

Federal Reserve policymakers last month saw signs that the economy was healing after its winter slump but still wanted more signs of improvement before they began raising interest rates.

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Job Openings
In this photo taken Wednesday, June 10, 2015, job seekers attend a job fair in Sunrise, Fla. (AP Photo/Alan Diaz)
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US job openings stay high, but actual hiring falters in May

Job openings stayed close to a 15-year high in May. It's a sign that companies are expecting continued economic growth, but the level of advertised jobs has yet to drive the same kind of increase in actual hiring.

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Job Fair
Justin Sullivan, Getty Images
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Growth in US services firms rises in June

U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased.

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Category: Money & Business Tags:
Economy GDP
In this Wednesday, Feb. 18, 2015, photo, carpenter Joe Tominc cuts wood for a post on a new construction home in Pepper Pike, Ohio. (AP Photo/Tony Dejak)
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US economy not as bad in 1st quarter, paving way for rebound

The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.

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Category: Money & Business Tags: ,
Holiday shopping
Spencer Platt, Getty Images
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Fed sees moderate economic growth around country this spring

The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.

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Category: Money & Business, News Tags:
Ralph Logan, James Smith
In this April 22, 2015 photo, Ralph Logan, general manager of Microtrain, left, shakes hands with James Smith, at a career fair in Chicago. (AP Photo/M. Spencer Green)
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US job openings fall, hiring rises in mostly positive report

The number of available jobs in the U.S. fell in March, though companies filled more of their open positions in a sign they are still confident enough to hire.

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Category: Money & Business, News Tags: ,
College Graduation
Christopher Furlong, Getty Images
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Class of 2015 set to brave a challenging job market

As college graduation ceremonies play out across the country over the next couple weeks, a brand new group of young adults will head into the real world, hoping to cash in on the recovering economic conditions.

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