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July 25, 2008 6:00:00 PM CDT

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Stories related to: economic growth

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19 Stories

  • June 2008

    • How Government Can Buy You Happiness

      newser  |  Portfolio  |  Jun 19, 08 3:30 PM CDT

      How Government Can Buy You Happiness

      While the jury's still out on whether money can buy happiness, a higher gross domestic product certainly doesn't. In rich countries, well-being really does depend on non-material things like family stability, a friendly community, and job security—and economists should start incorporating quality-of-life issues into policy, John Cassidy writes in Portfolio. More »

      Tags

      poverty  • economics  • GDP  • economic growth  • happiness

  • May 2008

    • US Should Welcome New World Order

      newser  |  Newsweek  |  May 5, 08 10:00 AM CDT

      US Should Welcome New World Order

      The age of American dominance is ending, and Americans should be fine with that, writes Fareed Zakaria in his new book The Post-American World . In an excerpt in Newsweek , Zakaria argues that America’s long-preached globalization gospel has produced a prosperous “post-American” landscape. “It is the rise of the rest—the rest of the world.”   More »

      Tags

      globalization  • economic growth  • global economy  • emerging markets

  • April 2008

    • 4 Months to Go: Is China Ready for Spotlight?

      newser  |  Chicago Tribune  |  Apr 13, 08 4:11 PM CDT

      4 Months to Go: Is China Ready for Spotlight?

      The last-minute drama brewing in the runup to this summer's Olympic Games is of a more global and more personal nature than the infrastructure issues of Olympics past—and Chinese leaders are bristling under the scrutiny, the Chicago Tribune reports. But pride in the country's hosting gig remains strong, even among the impoverished workers who could never afford a ticket. More »

      Tags

      China  • 2008 Beijing Olympics  • Tibet  • Dalai Lama  • Olympic protests  • economic growth  • human rights abuse  • environmental damage

    • Jobless Claims Hit 2-Year High

      newser  |  Wall Street Journal  |  Apr 3, 08 12:34 PM CDT

      Jobless Claims Hit 2-Year High

      New unemployment claims increased to a two-year high last week, the Wall Street Journal reports. A total of 407,000 Americans filed for jobless benefits, an increase of 38,000 over the previous week and the most since 2005. The surge in claims far surpassed the outlook of economists in a Dow Jones Newswire survey; they predicted an increase of 4,000. More »

      Tags

      recession  • unemployment  • layoffs  • economic growth  • unemployment benefits  • jobless claims

  • February 2008
  • December 2007
  • November 2007

    • '08 Subprime Fallout: At Least 1.4M Foreclosures

      newser  |  Wall Street Journal  |  Nov 27, 07 11:02 AM CST

      '08 Subprime Fallout: At Least 1.4M Foreclosures

      The subprime mortgage fallout will continue through 2008, with 1.4 million Americans facing foreclosure, municipalities losing more than $6.6 billion in taxes, and housing values plummeting up to 16%, says a US Conference of Mayors report out today. The analysis projects slowed GDP growth and consumer spending and a rebound in 2009, the Journal reports. More »

      Tags

      subprime mortgages  • foreclosure  • home loans  • home sales  • GDP  • economic growth

    • Fed's 3-Year Outlook Is Gloomy

      newser  |  Financial Times (UK)  |  Nov 21, 07 12:23 PM CST

      Fed's 3-Year Outlook Is Gloomy

      In a word: Grim. That’s the crux of the Federal Reserve’s economic outlook for the next three years, with 1.8% to 2.5% growth forecast for 2008 and a slow gathering of momentum in 2009 and 2010, the Financial Times reports. And key factors from credit surprises to unexpected fourth-quarter losses in the stock market could send the economy spiraling. More »

      Tags

      US economy  • economic growth

  • October 2007

    • GDP Grows at 3.9% Clip Despite Housing Crunch

      newser  |  Associated Press  |  Oct 31, 07 11:27 AM CDT

      GDP Grows at 3.9% Clip Despite Housing Crunch

      The US economy grew at a brisk 3.9% pace in the third quarter despite the credit and housing turmoil buffeting Wall Street, according to Commerce Department figures released today. Overall construction spending was up—with record commercial and government spending offsetting the housing slide—while individuals increased spending 3% and employment held steady. “This is an extremely resilient economy,” one economist said. More »

      Tags

      Federal Reserve  • Ben Bernanke  • consumer spending  • GDP  • economic growth  • Fed funds rate

  • September 2007

    • In China, Thirst for Growth Leaves Land Parched

      newser  |  New York Times  |  Sep 27, 07 5:12 PM CDT

      In China, Thirst for Growth Leaves Land Parched

      Economic growth, rampant contamination, vast crops and a population explosion are sapping China's groundwater supply at an unprecedented pace. And with 20% of the world's population but only 7% of its water supply, the Chinese government is hard-pressed for solutions, the New York Times reports. "They will run out of water if the current rate continues," says one hydrologist. More »

      Tags

      China  • environment  • economic growth  • fresh water

  • August 2007
  • July 2007

    • US Economy Surpasses Forecasts

      newser  |  Bloomberg  |  Jul 27, 07 12:05 PM CDT

      US Economy Surpasses Forecasts

      Sumbrime-lending and housing-market woes didn't hold back the rest of the economy in the second quarter, as overall growth exceeded expectations and hit a 3.4% projected annual rate, the government said today. Economists pointed to the expanding global economy, which drives demand for exports, as well as greater business investment and government spending to explain the jump. More »

      Tags

      US economy  • subprime mortgages  • housing market  • globalization  • GDP  • investment  • economic growth  • global economy

  • June 2007
  • April 2007
  • March 2007

    • Does Saudi Arabia Have a Dubai Complex?

      newser  |  Los Angeles Times  |  Mar 12, 07 1:23 PM CDT

      Does Saudi Arabia Have a Dubai Complex?

      Saudi Arabia is on a building binge. King Abdullah City—a planned $26.7-billion development where multi-million-dollar yachts will dock in the ports that currently welcome 300,000 Mecca-bound pilgrims—is one of five major “economic cities” the government is building in an attempt to spur private-sector growth and create new industries to stabilize its boom-bust oil economy. "Oil is a volatile commodity and we cannot keep a country hostage to it," says Fawaz Alamy, the country's chief technical negotiator for World Trade Organization accession. Is Saudi Arabia—a.k.a. "the land of the two holy mosques"—on course to become the next Dubai? More »

      Tags

      US economy  • oil  • Middle East  • Saudi Arabia  • investing  • King Abdullah  • Dubai  • economic growth  • Mecca

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