Growth Sputters in the Second Quarter

Alexander Reed Kelly / Truthdig Jul 28, 2012 The marginally growing U.S. economy reduced speed in the second quarter of the year after months of lackluster job creation, threatening the financial well-being of ordinary Americans and deepening the challenge for President Obama’s re-election campaign. Dig deeper ( 1 Min. Read )

No New Stimulus, Bernanke Says

Alexander Reed Kelly / Truthdig Jun 7, 2012 In spite of May’s weak jobs report, Fed Chairman Ben Bernanke still sees no reason for the central bank to expand its efforts to boost the American economy. The Fed is assessing whether the economy would continue to grow fast enough to reduce the unemployment rate without further intervention, he said. Dig deeper ( 1 Min. Read )

GDP Growth Falls to 1.8% in First Months of 2011

Staff / Truthdig Apr 29, 2011 Economists and other Americans were disappointed to see the country's GDP growth slow to an aching 1.8 percent in the first quarter of 2011. Dig deeper ( 1 Min. Read )