U.S. economic growth edged up as expected in the third quarter, but not enough to chip away at high unemployment or change perceptions of more monetary easing from the Federal Reserve next week.
Gross domestic product expanded at a 2.0% annual rate as consumer spending rose at its quickest pace since 2006 and businesses continued to [...]
Posts Tagged ‘democratic’
Consumer spending lifts U.S. growth
November 17th, 2010 by Financial Writer
Tags: bank, barack obama, borrow, borrowing, borrowing costs, business, business inventories, businesses, buyers, central bank, commerce department, consumer, consumer spending, Debt, deficit, democratic, economic, economic activity, economic growth, economist, economists, economy, energy, exports, fed, Federal Reserve, Florida, gdp, government, government spend, increase, inflation, interest rate, interest rates, inventories, Invest, investment, monetary, mortgage, obama, president, rate, spending, unemployment, us
more...Unions Have Little to Show for Backing Obama
September 14th, 2009 by Financial Writer
Former Pennsylvania coal miner Richard Trumka isn’t president of America’s biggest labor federation yet, but he’s already cranking up rhetoric on issues from healthcare reform to making it easier to unionize.
When President Barack Obama and Democrats in Congress first showed signs of compromise on healthcare reform, the incoming AFL-CIO leader warned lawmakers to keep a [...]
Tags: democratic, financial, obama, president