washingtonpost.com - U.S. Economy


Exports Drive Surprising Economic Growth
U.S. economic growth accelerated from April to June as taxpayers spent their federal rebate checks and a weakened dollar boosted exports, the government reported yesterday.



Exports Drive Surprising Economic Growth
U.S. economic growth accelerated from April to June as taxpayers spent their federal rebate checks and a weakened dollar boosted exports, the government reported yesterday.



Businesses Cite a Catch-22 After Miss. Immigration Raid
The arrests this week of nearly 600 immigrant workers at a manufacturing plant in Laurel, Miss., are fueling a national debate over a federal system to check new hires' work documents, a program whose expansion the Bush administration has made a cornerstone of its fight against illegal immigration.



After Merrill's Sale of Bad Debt, Few Have Followed
NEW YORK -- Merrill Lynch sent an important message last month to its Wall Street brethren when it sold off a massive portfolio of securities badly damaged by the subprime mortgage meltdown: Someone was still willing to buy them.



Bernanke Urges Broader Powers For Central Bank
JACKSON HOLE, Wyo., Aug. 22 -- Federal Reserve Chairman Ben S. Bernanke on Friday laid out his views of how the central bank should position itself to try to prevent or ease future financial crises. But he acknowledged that any such changes are fraught with new risks of their own.



Seeing Red: Buffett, Others Clash On Danger Posed by U.S....
OMAHA, Aug. 22 -- Two long-term views of the U.S. economy were on vivid display at a town hall meeting here Thursday night, with the world's richest person on one side and pretty much everybody else on the other.



Bernanke: Financial System Must Be Strengthened
JACKSON HOLE, Wyo., Aug. 22 -- Federal Reserve Chairman Ben S. Bernanke Friday called for a strengthening of the nuts and bolts of the financial system and said the Fed and other regulators should focus more on the stability of the overall system , rather than just the health of individual compan...



Producer Prices Up 1.2% In July
Wholesale prices jumped in July at the fastest rate in more than a quarter-century, the Labor Department reported yesterday, furthering concerns about a continued increase in inflation at a time when economic activity has ebbed.



Executive Search: Laid-Off Wall Street Workers Branch Out
NEW YORK -- Jessica Walter didn't go to Harvard University to study cupcakes, but they're her focus since she lost her job as a vice president in credit strategy at Bear Stearns.



Inflation Climbs to 17-Year High
Americans paid more last month not only for gas and food but also for a variety of goods and services, including clothes, shoes, hotels and air travel, as inflation unexpectedly jumped to a 17-year high.



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