U.S. Economy Stalls with just 0.2% Growth in Q1
U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, CNBC reported.
Jobs Report May Show Economy is in Real Trouble
In the wake of March’s tepid jobs creation, it may be time to take a harder look at this soft patch.
Dow Down for the Year as Sell-Off Continues
Stocks ended a bloody, turbulent week with a broad-based slump Friday, sending the tech-heavy Nasdaq to its worst weekly losses in 30 months and eviscerating what remained of the Dow Jones industrial average’s 2014 gains.
Fed: 40% of American Households Show Signs of Financial Stress
Four out of 10 American households were straining financially five years after the Great Recession — many struggling with tight credit, education debt and retirement issues, the L.A. Times reported.
Markets tank on Argentina debt default, other fears
Financial markets went into a tailspin Thursday after Argentina defaulted on its debt, raising fears among skittish investors already fretting about weak corporate earnings growth, rising interest rates and an aging bull market.
US Economy Grows 4 Percent This Quarter
U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views for a stronger performance in the last six months of the year, CNBC reported.
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