american economy

The American economy picked up steam last quarter, with output growing at an annualized rate of 2.8 percent, a faster rate than the 1.8 percent of the third quarter.

United States markets fell sharply following losses around the world after data from the euro zone reinforced a pessimistic assessment of the American economy by the Fed.

If history is a guide, the odds that the American economy is falling into a double-dip recession may have reached 50 percent.

July 19 -- Peter Tanous, co-author of 'Debt, Deficits, and the Demise of the American Economy,' talks about a plan by a bipartisan group of U.S. senators that would cut $3.7 trillion from the federal budget deficit.

The American economy is now strong enough to withstand Middle East turmoil and the Japanese nuclear crisis. Only a big rise in the price of oil could stop it now.

The Obama administration claimed this week that $100 billion invested in innovative technologies under the economic stimulus law is "transforming the American economy" by putting the nation on track for technological breakthroughs in health care, energy and transportation.

Even as prospects for the American economy brighten, consumers are about to face a sustained period of rising interest rates, economists say.

A U.S. official says the Obama administration is delaying a report to Congress on currency policies that some lawmakers have insisted should cite China as a currency manipulator hurting the American economy.

The social safety net was built for short-term gaps between jobs, but work may be scarce for years, even as the American economy shows signs of a rebound.

ALLENTOWN, Pa. - President Obama welcomed with a broad smile on Friday the news that the American economy had lost only 11,000 jobs in November as "another hopeful sign." But he also expressed a note of caution during a swing through this Pennsylvania Rust Belt town, saying, "we have a lot more work to do before we can celebrate." Mr.