(CNN Money) — U.S. stock futures edged up Friday as investors awaited the government’s revised reading on second-quarter economic growth, and the key speech from Federal Reserve Chairman Ben Bernanke on the economic outlook and monetary policy. Read More…
(Wall Street Journal) — The U.S. government revised down for the second time its estimate of economic growth in the first three months of 2010 on the back of lower consumer spending, underscoring caution about the recovery’s strength. Gross domestic product rose at a 2.7% annual rate January through March, the Commerce Department reported Friday […]
(AP) — President Barack Obama will talk about the nation’s economic growth on Friday. Obama will comment on the first quarter gross domestic product report from the Rose Garden. He’ll be joined by representatives and workers from two American manufacturers… Read More…