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The economy accelerated last quarter...The car comparison is apt, because economists believe the third-quarter improvement in the nation's Gross Domestic Product depended heavily on the "cash for clunkers" program. The tax credit for first-time home buyers...
Tags: U.S, economy grows, economy grew, annual rate, domestic product, Commerce Department, gross domestic, consumers spending, percent annual, Barack Obama
The aid was being offered purely on humanitarian grounds and no further shipments were planned, the Unification Ministry in Seoul said. If accepted, the food aid would be the first to be sent to the impoverished, communist North Korea since conservative...
Tags: South Korean Yonhap, North Korean, Seoul, Bank of Korea, market rose, economy grows, Asian
Poland’s economy grew by an annual 1.1 per cent in the second quarter, as strong exports and resilient consumer spending helped it post the strongest growth in the European Union, the country’s statistical agency reported on Friday. The results come after...
Tags: Poland, European Union, economy grew, economy grows
South Korea's economy expanded at the fastest pace in almost six years last quarter, helped by government stimulus spending and record-low interest rates. Gross domestic product rose 2.3 per cent from the first quarter, when the nation skirted a recession...
Tags: South Korea, Bank of Korea, domestic product, gross domestic, central bank, economy grows, S. Korea, Asian, korea economy, product rose
The bruised economy limped through the first quarter of this year at 0.6 percent as housing and credit problems forced people and businesses alike to hunker down. The country's economic growth during January through March was the same as in the final...
Tags: Commerce Department, economy grows, U.S, economic growth