Tag: US middle class

• Friday, January 31st 2014 - 06:53 UTC

  US economy advancing at steady pace fuelled by robust consumer spending

  

  The U.S. economy advanced at a steady pace in the last months of 2013, growth that was fueled by robust consumer spending. The government's Commerce Department said Thursday the world's largest economy grew 3.2%t in the October-to-December period, following a 4.1% advance in the third quarter.

• Wednesday, January 29th 2014 - 21:20 UTC

  Obama pledges support for the middle class and is prepared to bypass Congress

  

  US President Barack Obama displayed his strategy for getting around a divided Congress starting with a wage hike for federal contract workers in a State of the Union speech on Tuesday that reflected scaled-back legislative ambitions after a tough year.