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Commerce Department says 2013 economic recovery weaker than thought

The US economic recovery was far weaker in the first quarter of the year than first thought, the Commerce Department said on Wednesday. The nation’s gross domestic product (GDP), the broadest measure of all goods and services produced in the economy, grew at a 1.8% annual rate from January through…

America’s exceptional food insecurity

Millions of American families say they have trouble putting food on the table and the economic recovery has done little to provide them with relief. Despite our relative prosperity as a nation, the percentage of Americans who, at some point in a given year, cannot afford to eat sets us…

US Fed says economic outlook worse than expected

Facing a worse-than-expected outlook for US growth and unemployment, the Federal Reserve has floated the idea of new measures to spur economic recovery, according to minutes published Wednesday. Details from the Fed’s latest rate-setting meeting, held in June, showed the central bank expected US growth to slow to 3.0-3.5 percent…

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