NEW YORK - Stocks rose Friday and bond prices fell after the government reported that U.S.
WASHINGTON - The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods, The nation's gross domestic product - the broadest measure of the economy's output - grew at a 1.6 percent annual rate in the April-to-June period, the Commerce Department said Friday.
WASHINGTON - Fears of another recession in the United States loomed as the government reported slower growth in the second quarter and the International Monetary Fund suggested the country's financial system remains fragile.
NEW YORK - Weakening U.S.
NEW YORK - Stocks fell and interest rates rose in the Treasury market Friday after the government said the economy grew at a slower pace than expected during the second quarter.