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Wednesday, April 7, 2010 as of 11:14 AM ET

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Economic Growth

Economic growth is the increase in the amount of the goods and services produced by an economy over time.

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Unemployment Rises in May

WH reacts to low job numbers

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  1. US consumer spending rose 0.3 percent while April incomes up 0.2 percent, smallest in 5 months

    Consumer spending edged up modestly in April but personal income growth was the slowest in five months, raising concerns about the ability of Americans to keep spend...

  2. US manufacturing grew more slowly in May from April, sign that economy has weakened

    U.S. manufacturing grew more slowly in May, hampered by weaker hiring and declining production. But a measure of new orders rose to a 13-month high, suggesting facto...

  3. Time running out for Obama to turn around the economy

    With two consecutive months of dismal job growth amid rising unemployment -- and just five months until Americans go to the polls to choose their next president -- t...

  4. Obama feeling the heat from new jobs report

    What do latest numbers mean for the president?

  5. Around the World: Heavy rains cause dam to overflow in China

    Crews rescue 2 people stranded in flood waters

  6. Former Obama ally and Dem congressman Davis switches to GOP

    Former Democratic Rep. Artur Davis is switching sides, abandoning his former ally President Obama to become a Republican -- lamenting that the country has "gone back...

  7. Obama: There will be continue to be economic 'hurdles'

    White House bracing for upcoming jobs report?

  8. Britain's media minister faces questioning over close ties to Rupert Murdoch's empire

    Prime Minister David Cameron's handling of Britain's tabloid phone hacking scandal faces new criticism after a minister assigned to make an impartial decision on a t...

  9. US growth slows to 1.9 pct. annual rate in January-March period; jobless claims rise to 383K

    The U.S. economy is looking slightly weaker one day before a critical report on May job growth.Economic growth was a little slower in the first three months of the y...

  10. Stocks close lower, capping a dismal May; worst monthly point loss for Dow since May 2010

    They sold in May and went away, all right.With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. Ov...

  11. Obama still blaming Bush for economy?

    President talks about 'chaos' before taking the oath

  12. EU calls for clarity on bank bailout plan to calm markets, Spain sends official to Washington

    The European Union urged Spain on Thursday to come clean on how it plans to finance the overhaul of its banking sector, warning that uncertainty over this has contri...

  1. White House reacts to new jobs numbers

    Political implications of latest report

  2. US economy added 69,000 jobs in May, fewest in a year; unemployment rate rose to 8.2 percent

    The U.S. economy suddenly looks a lot weaker.Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent...

  3. US economy added 69,000 jobs in May, fewest in a year; unemployment rate rose to 8.2 percent

    The U.S. economy suddenly looks a lot weaker.Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent...

  4. What to expect from Friday's jobs report

    Friday, forecasters expect the Labor Department to report the economy added 150,000 jobs in May—better than the 115,000 in April but well below the 229,000 monthly p...

  5. Italy's Monti calls for quick action to contain crisis or risk public backlash over austerity

    Italian Premier Mario Monti urged his European partners on Thursday to speed up measures to limit contagion from the crippling debt crisis and to stimulate economic ...

  6. Oil slides to near $86 in Asia ahead of key US jobs report amid signs of slowing growth

    Oil prices started June where they left off in May; heading down.Crude slid to near $86 a barrel Friday in Asia, extending a month of sharp losses as traders looked ...

  7. US consumer spending up 0.3 percent in April

    U.S. consumer spending edged up modestly in April, but personal income growth was the slowest in five months, raising concerns about the ability of Americans to keep...

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