The Washington Independent

Posts Tagged first quarter

GDP Grows at 3.2 Percent Per Year Pace in Q1

By | 04.30.10 | 9:13 am

The big macroeconomic news today is that the United States’ GDP grew at a 3.2 percent per year pace in the first quarter — the third straight quarter of strong growth, weaker than the 5.6 percent pace in the fourth quarter of 2009 and right in line with economists’ More…

What Does Fidelity Want From Barney Frank?

By | 04.20.09 | 4:31 pm

That’s the natural question to ask after perusing the first quarter campaign finance report that Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, filed last week.

Employees of Fidelity, the world’s largest mutual fund company, gave Frank $29,000 during the first three months of this year More…

For a Change, Some Good Economic News

By | 04.09.09 | 9:58 am

Wells Fargo announced today it expects to turn a $3 billion profit for the first quarter of this year, some surprisingly good news from the troubled banking sector, CNNMoney reports.

Those results exceed expectations from analysts, and they sparked a stock market rally early today.