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U.S. Economy

U.S. Economy

Federal Reserve Chairman Janet Yellen
Federal Reserve Chairman Janet Yellen (AP Photo/Michael Dwyer, File)
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Q&A: Did the Fed’s $4 trillion stimulus experiment work?

NEW YORK (AP) -- The $4 trillion experiment is almost over.

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Mark Ahlemann, center, passes out papers during a during an employment breakfast networking session hosted by Gray Hair Management at a restaurant in Elk Grove Village, Ill. (AP Photo/Matt Marton)
Mark Ahlemann, center, passes out papers during a during an employment breakfast networking session hosted by Gray Hair Management at a restaurant in Elk Grove Village, Ill. (AP Photo/Matt Marton)
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US economy, though sluggish, may now be sturdier

WASHINGTON (AP) -- Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.

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Cashier rings up a sale. Economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. (AP Photo/Julie Jacobson, File)
Cashier rings up a sale. Economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. (AP Photo/Julie Jacobson, File)
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Economists downgrade forecasts for US growth

WASHINGTON (AP) -- U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

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People wait in line for the Cleveland Career Fair in Independence, Ohio. U.S. employers accelerated their hiring in June, adding a robust 288,000 jobs. (AP Photo/Tony Dejak)
People wait in line for the Cleveland Career Fair in Independence, Ohio. U.S. employers accelerated their hiring in June, adding a robust 288,000 jobs. (AP Photo/Tony Dejak)
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US employers added robust 288,000 jobs in June

WASHINGTON (AP) -- U.S. employers accelerated their hiring last month, adding a robust 288,000 jobs and helping drive the unemployment rate to 6.1 percent, the lowest since September 2008.

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Jerry Drury works on a truck engine assembly line at Volvo Trucks' powertrain manufacturing facility in Hagerstown, Md.  (AP Photo/Patrick Semansky)
Jerry Drury works on a truck engine assembly line at Volvo Trucks' powertrain manufacturing facility in Hagerstown, Md. (AP Photo/Patrick Semansky)
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US manufacturers expanded in June but more slowly

WASHINGTON (AP) -- U.S. manufacturing grew in June for the 13th straight month. But the pace of the expansion slowed from May.

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International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London.  (AP Photo/Kirsty Wigglesworth, File)
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London. (AP Photo/Kirsty Wigglesworth, File)
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IMF Lowers Estimate of US Economic Growth in 2014

WASHINGTON (AP) -- The International Monetary Fund foresees the U.S. economy growing a modest 2 percent this year, below its previous estimate of 2.7 percent.

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In this June 3, 2009 file photo, Baldor Electric Co. employees Dave Johnston, left, and Steve Davis, right, work inside the company's factory in St. Louis. (AP Photo/Jeff Roberson, File)
In this June 3, 2009 file photo, Baldor Electric Co. employees Dave Johnston, left, and Steve Davis, right, work inside the company's factory in St. Louis. (AP Photo/Jeff Roberson, File)
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US Economy Set for Rebound After Q1 Contraction

The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary setback in the long road to recovery.

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Job seekers line up in the hundreds in Denver
Job seekers line up in the hundreds in Denver (AP Photo/Brennan Linsley, File)
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US Economy Gained 192,000 Jobs in March

U.S. employers added jobs at a solid pace in March, in the latest sign that the economy is rebounding from a weak stretch brought on by a harsh winter.

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Frances Perkins Building, home to the US Department of Labor
Frances Perkins Building, home to the US Department of Labor (Wikicommons)
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Mixed News For U.S. Economy

The number of Americans seeking unemployment benefits fell 5,000 last week to a seasonally adjusted 305,000, the second-lowest level in six years.

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Category: TS nat, TS net Tags: ,
Unemployment
Sandy Huffaker, Getty Images
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US Gains 157K Jobs, Jobless Rate Rises To 7.9%

U.S. employers added 157,000 jobs in January and hiring was stronger over the past two years than previously thought, providing reassurance that the job market held steady while economic growth sputtered.

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Category: TS nat, TS net Tags: ,

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