For more than a century, the pace of growth was reliably resilient, bouncing back after recessions like a car returning to its cruising speed after a roadblock. Even after the prolonged Great Depression of the 1930s, growth eventually returned to an average pace of more than 3 percent a year. But Treasury Secretary Jacob J. Lew, citing the Congressional Budget Office, said on Wednesday that the government now expected annual growth to average just 2.1 percent, about two-thirds of the previous pace.
Perhaps, after you have imported your dreams directly into an Oculus Rift, you could grant Facebook the rights to them in perpetuity in exchange for a single [...]
"While dropping $9,000 to work – for free! – at the Huffington Post is certainly a lot of money, it's actually down from last year's winning bid of $13,000."
For the second straight week, Labor Department economists are ascribing an uptick in the number of initial jobless claims to Easter-the 18,000-claim gain for the week ending April 3 was attributed to the holiday coming up, while the 24,000 increase for the week ending April 10 was blamed on both Easter and Cesar Chavez Day. The latter is a state holiday in California, which The Wall Street Journal referred to in its report as "worker-heavy." (Ironically? Who even knows!) According to Bloomberg this is actually the second of three weeks that Easter will muck up the jobless-claim stats, thanks to its floating-holiday status making it tough to seasonally [...]