The Chinese government reported that the country's economy grew by 7.9 percent in the second quarter of this year, fueled by massive stimulus spending and more than $1 trillion in lending by state-run banks.
By PBS NewsHour
Just a month after paying back $10 billion in government bailout funds, Goldman Sachs reported impressive second-quarter earnings Tuesday, comfortably surpassing analysts' expectations.
Five months after President Obama signed the $787 billion stimulus package, some of the money has begun making its way to states. Experts measure the impact the funds have had on local communities.
Leaders of the Group of Eight industrialized nations gathered in Italy on Wednesday to assess risks to the global economy and other key issues at their annual meeting. Margaret Warner reports from the summit.
John Tulenko of Learning Matters reports on how one school district in Connecticut is weathering the recession, and how the state is using stimulus funds to close budget deficits rather than increase education spending.
In cities across the country, officials are faced with the task of getting renewable energy from the outskirts of town to the urban centers where demand is greatest. NewsHour correspondent Spencer Michels reports from Los Angeles.
Although the rate of U.S. job losses slowed in May, unemployment rose to 9.4 percent, the highest rate in 26 years. Economist Lisa Lynch explains the new job numbers.
In Chicago, stimulus funds provide a transit agency with a much-needed upgrade. NewsHour correspondent Elizabeth Brackett reports.
Question: I recently watched your report on the Newshour about New Deal infrastructure projects in St. Louis. You mentioned the New Deal brought us the Triborough Bridge in New York, but you didn’t mention that it is currently one…
By Admin, PBS NewsHour
The Commerce Department released numbers Wednesday estimating the economy contracted during the first three months of the year at nearly the same rate as the final quarter of 2008, marking the third straight quarter of decline since the late 1950s.
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