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Economic Growth

U.S. Growth Prospects Deemed Bleak In New Decade

Reuters | Pedro Nicolaci Da Costa | Posted 05.25.2011 | Business

A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade, some of the nati...

New, Exciting And Intriguing Innovations

Jenny Darroch | Posted 05.25.2011 | Business
Jenny Darroch

Since innovation is the engine of economic growth, it is critical to focus our attention on it if we are ever going to get ourselves out of the economic mess we got ourselves into.

Bloomberg: US GDP Probably Grew 3.2% As Stimulus Took Hold

Bloomberg | Timothy R. Homan | Posted 05.25.2011 | Business

The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...

U.S. GDP Falls AT 0.7 Percent Pace In 2Q

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The economy shrank less than expected in the second quarter as businesses and consumers trimmed their spending at a slower pace, buttressing beliefs that the economy is now growing.

The 0.7 percent dip in gross domestic product for the April-June quarter follows the 6.4 percent annualized drop in the first three months of this year, the worst slide in nearly three decades. In the final quarter of last year, the economy sank at a rate of 5.4 percent

The new reading on second-quarter GDP, reported by the Commerce Department on Wednesday, shows the economy shrinking less than the 1 percent pace previously estimated. It also was better than the annualized 1.1 percent drop that economists were predicting.

The final revision of second-quarter GDP comes on the last day of the third quarter, in which many analysts predict the economy started growing again at a pace of about 3 percent.

"Growth should be solidly positive," said Mark Vitner, economist at Wells Fargo Securities.

Capitalism: Never Enough?

Jim Selman | Posted 11.17.2011 | Healthy Living
Jim Selman

The epidemic of designer stores is symptomatic of the buying binge we've been on for the last half-century.

William Cohan: Bank Execs Got Rich On Bailouts With Stock Options | William Cohan | Posted 05.25.2011 | Business

Few could argue with Barack Obama last week when the US president said Wall Street owed a debt of gratitude to taxpayers. Some of America's largest ba...

Stiglitz, Amartya Sen: GDP A Poor Measure Of Growth | PETER S. GOODMAN | Posted 05.25.2011 | Business

In a provocative new study, a pair of Nobel prize-winning economists, Joseph E. Stiglitz and Amartya Sen, urge the adoption of new assessment tools th...

The "Fits and Starts" Recovery

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

At the beginning of the year GDP was dropping and we were bleeding jobs at 600,000/month. Given that, we're not going to rebound to a 3% growth rate in a few months; it's just not going to happen.

Rethinking Trade

Darius Mans | Posted 05.25.2011 | World
Darius Mans

While the world looks for innovative solutions to global poverty, it is clear that trade must be part of the answer.

Economic Consequences of Health Care Reform

Stephen Herrington | Posted 05.25.2011 | Business
Stephen Herrington

What difference is there to the economy if consumers spend twice as much as other industrial nations on health care? That is the unanswered question of the health care debate.

Our Elected Followers

Lance Simmens | Posted 05.25.2011 | Politics
Lance Simmens

It is discouraging, disheartening, and distressing to watch so-called political leaders cower under the weight of the public policy responsibilities they so desperately campaigned to assume.

Lance Armstrong Has A Growth Strategy For You

Mark Payne | Posted 05.25.2011 | Business
Mark Payne

Armstrong has always believed that the most brutal parts of the course were his best opportunity to create competitive separation. Today, leaders of growth-minded businesses are peddling a parallel dash into The New.

JPMorgan Chase Profit Up 36 Percent In Q2

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — The banking industry has another winner. JPMorgan Chase & Co. reported a 36 percent jump in second quarter profits Thursday, ...

The Recession is Over

Newsweek | Posted 05.25.2011 | Business

Could our long national nightmare be over? The economic contraction, this Great Recession, began in December 2007, and there's no apparent end in sigh...

The Power of Proximity

Dennis Whittle | Posted 05.25.2011 | Business
Dennis Whittle

When large numbers of entrepreneurs, financiers, engineers, and other smart, creative people are constantly bumping into one another, business ideas are formed, sharpened and executed.

Socialism: Should Investors Panic?

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

Those who raise the socialism boogeyman as a way to frighten investors either don't know the data or are intentionally misleading them.

Green or Growth: A False Choice Recycled by the Right

Jeff Schweitzer | Posted 05.25.2011 | Green
Jeff Schweitzer

A disturbing trend has developed in which mainstream right-of-center pundits are regressing on issues of environmental protection.

On the Twentieth Anniversary of Tiananmen: It's Still the Economy, Stupid!

John Wagner Givens | Posted 05.25.2011 | World
John Wagner Givens

The fact that Tiananmen has yet to have a sequel can be explained largely by the economic success of the regime since 1989.

Indian Growth Story: Striking Paradoxes

Pinaki Bhattacharya | Posted 05.25.2011 | World
Pinaki Bhattacharya

The Manmohan Singh government should not be rejoicing over the 6.7% growth rate amidst the overwhelming adversity 86% of the population experiences.

How To Live On $0 A Day: Identifying Job Opportunities And Growth Markets In The U.S.

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

Crime offers some of the best job opportunities in the United States at this point in history. The more publicity your illegal activity attracts, the higher your earning potential.

Economy Shrinks At Worse-Than-Expected 6.1 Percent Pace In 1Q

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Consumers are snapping back to life, kindling springtime hopes that the recession is losing steam. Even though the economy shrank ...

Should Geithner, Summers, Bernanke et al. Go?

Judith Ellis | Posted 05.25.2011 | Politics
Judith Ellis

Nassim Nicholas Taleb addresses some very important issues in an interview with CNBC. On my blog I have written more than a few posts on this brillian...

Good Growth, Green Growth: Are We Ready for it?

Graham Hill | Posted 05.25.2011 | Green
Graham Hill

There is a certain topic that deserves, but probably will fail to get much play in the presidential and vice-presidential debates. That is how to achi...

Will Everyone Grab a Bucket? This Thing is Sinking

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

G-20 conferences have generally been for show. The stakes are real this time -- and the odds going in are against the president in gaining the bold action needed.

Going to the Country: Unemployed Chinese Migrant Workers Return Home

John Wagner Givens | Posted 05.25.2011 | World
John Wagner Givens

In the world's biggest annual migration every Chinese New Year over one hundred million internal migrants take a break from their jobs and studies in ...