6 results for "Nelson D. Schwartz"
Despite new concerns that economic growth may prove disappointing in the second half of 2013, Federal Reserve policymakers were edging closer to scaling back their huge economic stimulus efforts, according to the official summary of their last m...
Strong, but not too strong.
For more than a decade, the economy has failed to grow the way it once did. Unemployment has not stayed this high, this long, since the 1930s.
The federal government helped bring the economic recovery to a virtual halt late last year as cuts in military spending and other factors overwhelmed the Federal Reserve's expanded campaign to stimulate growth.
A broad swath of the nation's leading chief executives dropped opposition to tax increases on the wealthiest Americans on Tuesday, while the White House quietly pressed Wall Street titans for their support as well.
Despite fears of a slowdown caused by gridlock in Washington, the economic recovery moved forward at a steady pace in November, pushing unemployment to its lowest level in four years.