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Tag Archives: growth

Bernanke not worried by higher gas prices

WASHINGTON — Federal Reserve Chairman Ben Bernanke boldly predicted to Congress on Tuesday that rising oil prices will cause only a brief and modest rise in consumer inflation. If he’s wrong, as some lawmakers suggested to him, the risks are ...

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Federal Reserve officials slightly more upbeat on economy

WASHINGTON — Federal Reserve officials were slightly more optimistic last month about economic growth for this year than they were in November, reflecting expected gains in consumer and business spending from tax cuts. Fed officials said in an updated forecast ...

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Political ads help Sinclair in fourth quarter

Shares of Sinclair Broadcast Group Inc. surged more than 10 percent Wednesday after the Hunt Valley-based company reported that it had turned a $33.1 million profit in the fourth quarter, compared to a $67.8 million loss the year before. The ...

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Consumer spending just keeps on improving

NEW YORK — Americans didn’t stop splurging after the holidays. They braved snowstorms and shopped in force in January, handing retailers like Costco, Victoria’s Secret and Macy’s surprisingly strong sales. Along with two encouraging economic reports — the biggest service ...

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