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Economic Growth Rate

The Economy Just Grew Much Faster Than It Was Expected To

Reuters | Lucia Mutikani | Posted 07.30.2014 | Business

WASHINGTON, July 30 (Reuters) - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior perio...

Winners of Globalization: The Rich and The Chinese Middle Class. Losers: The American Middle Class

Branko Milanovic | Posted 03.23.2014 | World
Branko Milanovic

The period between the fall of the Berlin Wall and the Great Recession saw the profoundest reshuffle of individual incomes on the global scale since the Industrial revolution.

U.S. Economy Grew Faster Than We All Thought Last Quarter

Reuters | Posted 12.05.2013 | Business

WASHINGTON (Reuters) - The U.S. economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but un...

Summers Criticizes Bailed Out Banks For Not Lending More, Says Economic Recovery Pace 'In Doubt'

bloomberg.com | Posted 05.25.2011 | Business

White House National Economic Council Director Lawrence Summers chastised some banks that received government aid for not doing enough to reduce forec...