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Tag Archives: businesses

Fed boss Bernanke: It will take years for jobs to come back

WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Friday that there is increasing evidence that a “self-sustaining” economic recovery is taking hold, but he said the Fed’s $600 billion Treasury bond-buying program is still needed because it will take ...

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AP: Surge in bankruptcies shows signs of slowing

RALEIGH, N.C. — The growth in bankruptcies around the country slowed significantly in 2010 from its breakneck pace in recent years, with about a dozen states recording a decline in filings from consumers and businesses, according to an Associated Press ...

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Economy grew modestly in July-September quarter

WASHINGTON — The economy grew at a moderate pace last summer, reflecting stronger spending by businesses to replenish stockpiles. More recent barometers suggest the economy is gaining momentum in the final months of the year. Gross domestic product increased at ...

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US factory output increases for 5th straight month

WASHINGTON — U.S. factory output grew for the fifth straight month in November, adding to evidence that manufacturing remains an engine of economic growth. The Federal Reserve said Wednesday that output by the nation’s factories, utilities and mines increased 0.4 ...

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