A sharp fall in the unemployment rate Friday and a fresh all-time record for stocks show the US economy pulling away from its peers, gaining ground while Europe and Japan remain stagnant. The Federal Reserve’s easy-money policy and the government’s modest stimulus spending appear to be paying off, distancing the country from the depths of recession while harsh austerity programs appear to be holding Europe back. But the United States still faces headwinds, especially of [...]
Reported by Raw Story 5 hours ago.
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