8 results for "Don Lee"
WASHINGTON _ U.S. economic growth in the third quarter was revised sharply higher, to a healthy annual rate of 4.1 percent, thanks to stronger consumer spending and nonresidential investment than previously thought.
WASHINGTON _ Now that the Federal Reserve has started to ease a key economic stimulus, the reins of managing monetary policy to finish the job soon will be turned over to Janet L. Yellen, the central bank's vice chair.
Adding to the rosier economic outlook for next year, revised government data show the economy grew in the third quarter at the fastest pace in nearly two years as American consumers spent billions of dollars more than originally thought.
WASHINGTON _ After six years of a gloomy recession and shaky recovery, the U.S. economy looks poised to regain its glow next year with stronger job growth, bigger income gains for more people and a resurgence of homeowners moving up into new dig...
WASHINGTON _ As Ben Bernanke nears the end of his term as Federal Reserve chairman, he is talking more about what may be one of the enduring legacies of his eight-year tenure: the Fed's dramatically expanded communications with the public.
WASHINGTON _ While President Barack Obama and Congress keep talking about the plight and economic cost of Americans' declining incomes, a growing number of states and municipalities frustrated by federal inaction are moving to do something a...
WASHINGTON _ American households have regained almost all of the wealth lost during the Great Recession, thanks to surging stock prices and recovering home values.
The U.S. economy grew much faster in the third quarter than first estimated, but the latest government report laid bare the vulnerabilities for the recovery as politicians struggle to break the stalemate over government spending and tax policies.