As the engine of U.S. economic growth slows, two of its main cylinders - job growth and consumer spending - still aren't firing. Until they kick in, the weak recovery is in jeopardy.
U.S. nonfarm payrolls grew at the fastest pace in four years in April as private sector employers ramped up hiring, raising the strong possibility that the labor market recovery may be picking up steam.
The economy hasn't left the glitzy world of TV untouched. People are being laid off. Shows have to do more with less. And cheaper-to-produce reality programs continue to proliferate.
Analysis: No matter the impact of health care, the economy still matters most — unemployment in particular — in a country struggling to emerge from the deepest recession in decades.
The recession is ending and the economy is growing again. That’s the message implicit in the Fed's latest survey, which found economic activity stabilizing or improving in most regions.
Federal Reserve Chairman Ben Bernanke on Friday offered his most optimistic outlook since the financial crisis struck, saying the economy is on the verge of growing again.
