Policy: Economy

Economic growth accelerated in the second quarter of 2014

By Joseph Lawler | 07/30/14 10:07 AM

U.S. economic growth accelerated in the second quarter, the Bureau of Economic Analysis reported Wednesday morning. Real GDP grew at a 4 percent annual rate, beating analysts' expectations and marking a sharp swing back toward economic expansion after the first quarter's contraction.
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Europe shares drift ahead of US data; Asia gains

By YURI KAGEYAMA | 07/30/14 10:49 AM

TOKYO (AP) — World markets were mostly higher Wednesday ahead of U.S. economic data, while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian stocks. KEEPING SCORE: In morning trade in Europe, Germany's DAX inched up 0.1 percent to 9,664.70 and France's CAC 40...
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Survey: US companies add 218,000 jobs in July

By CHRISTOPHER S. RUGABER | 07/30/14 09:21 AM

WASHINGTON (AP) — A private survey shows that businesses hired at a healthy pace in July, though the job gains slowed from the previous month. Payroll processer ADP says private employers added 218,000 jobs last month, down from 281,000 in June. It was the fourth straight month of job gains...
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