October 30, 2014 Mariah Timms News Writer Nation Economists are reporting a slightly-higher-than-predicted GDP growth over the summer. The gross domestic product increased steadily by 3.5 percent between July and September, above
China’s economy grew an outstanding 7.7 percent during the 2013 year. This was one of the strongest performances globally, even though signs of a slowdown arose later in
Last year, Bank of America had to settle with breaking even, but the bank finally reported a profit for the third quarter. CEO Brian Moynihan said in a
If the government does shutdown, around 800,000 workers will not be allowed to show up at their job. That means that the U.S. economy would lose about $1
Many agree that the way in which a government shutdown impacts the economy depends on how long it lasts. "The effects build over time: Two weeks is worse
The Federal Reserve has been buying $85 billion in bonds every month to hopefully lower long-term interest rates. The Fed released a statement saying that it will continue
The latest signal showing how the job market is gradually improving, is the 4-year low in unemployment applications. The Labor Department reported that weekly applications for unemployment benefits
Due to the unemployment rate dropping to its lowest level in three years, on Friday the Dow Jones reached its highest close since May 2008. The Dow leaped
President Barack Obama released plans Monday on debt reduction, which included a tax increase on the wealthiest Americans. The announcement has immediately drawn criticism from GOP members, who
