u.s. economy News

u.s. economy News From AOL News

House Votes in Favor of Financial Overhaul Bill; Senate Stalls

Today the House of Representatives voted 237-192 (largely along party lines) in favor of the most comprehensive financial reform legislation in generations: the Restoring American Financial Stability Act of 2010. While an enormous forward step for the bill's backers -- including Rep. Barney Frank, D-Mass., Sen. Chris...

Bernanke Sees Moderate Rebound, Slow Job Growth

(April 14) -- Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that a host of indicators show the U.S. economic recovery began in the second half of last year, but joblessness will grind on for some time.

Obama Takes Aim at 'Deficit of Trust'

(Jan. 27) -- Obama administration, take two. President Barack Obama used his first State of the Union address to confront Americans' widely felt economic uncertainty, but also the increasingly pervasive doubts among voters about his ability to enact the changes he promised as a candidate and newly elected leader. And to...

For Washington, It's All About the Economy

(Jan. 25) – Once again, it is all about the economy. That political truth has again emerged as the most politically resonant theme in Washington, from the Obama White House crafting its first State of the Union address to a nominally nonpartisan Federal Reserve under fire from both ends of the political spectrum to...

u.s. economy News From AOL

AOL MONEY & FINANCE

Asia stock fall on dismal US hiring report

LONDON -Fears of a sharp slowdown in the world's two largest economies, the U.S. and China, and concerns over the stability of Europe's currency union combined to batter global financial markets on Friday.

THE HUFFINGTON POST

U.S. Economy Needs More Federal Spending, Yale Economists Say

As Yale University economists gathered on Thursday evening to discuss job growth strategies, many warned that a failure to act aggressively risks the increasing possibility of many years of economic stagnation, elevated joblessness and declining living standards.

BLOGGINGSTOCKS

ADP: Rising with the U.S. Economy

Further, longer-term, the payroll out-sourcing market has ample room for market share gains and the mining of new clients, especially small/medium sized businesses, also is appealing.

u.s. economy News From the Web

06/03/12 U.S. economy: Return of the double-dip? Source: CBS News (MoneyWatch) Does the rotten May jobs report augur bad news for the overall economy?
06/02/12 Numbers bleaker for U.S. economy Source: The Albany Herald - Albany GA On Friday, officials with the U.S. Department of Labor reported some uglier-than-expected numbers.
05/21/12 Chicago Fed: US economy improving Source: The Christian Science Monitor Today's release of the Chicago Federal Reserve National Activity Index (CFNAI) showed improvement for the national economy with the index increasing from last month to stand at 0.11 while the three month moving average also declined to -0.06. The CFNAI is a weighted average of 85 indicators of national economic activity collected into four overall categories of "production and income", "employment, unemployment and income", "personal consumption and housing" and "sales, orders and inventories".
05/09/12 BMO: By a 2-1 Margin Canadian Business Owners See the... Source: BMO Financial Group TORONTO, ONTARIO--(Marketwire - May 9, 2012) - BMO Bank of Montreal today released a study that shows that by a two to one margin Canadian business owners expect the U.S economy to improve.
10/10/11 China warns U.S. on economy Source: Politico China warned Monday that the U.S. economy and job growth would suffer if legislation cracking down on China currency practices is enacted.

Background on u.s. economy

The economy of the United States is the world's largest national economy. Its nominal GDP was estimated to be over $15 trillion in 2011, approximately a quarter of nominal global GDP.

more at wikipedia »