growth news stories on Newser

Top Countries, Pages, and Other Surprising Facebook Stats

Harry Kimball — Mon, 29 Mar 2010 12:13:52 CDT

Facebook's runaway growth is well documented, but some details still wow, and some are quite odd. Website Monitoring takes a look at the salient facts. Popularity: The US has the most active users, but 70% of Facebookers are international. Sure, the UK comes in at No. 2, but No. 3...

IMF: Global Recession Is Over

Jason Farago — Thu, 01 Oct 2009 05:37:37 CDT

The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at...

Hong Kong, Singapore Emerge From Recession

Jason Farago — Fri, 14 Aug 2009 05:39:27 CDT

Hong Kong emerged from the recession with a bang last quarter, posting better-than-expected growth of 3.3% from April to June. The Chinese territory suffered four quarters of contraction but came out of the red thanks to a pickup in exports and increased private consumption. Singapore also blasted out of...

Recession Will End This Year

Jason Farago — Wed, 24 Jun 2009 06:53:03 CDT

The US recession will end this year, but fragile financial markets and sapped consumer wealth will keep the pace of recovery sluggish, an influential Paris-based economic prognosticator said today. The OECD—Organization for Economic Cooperation and Development—predicted that the US economy will shrink by 2.8% this year and...

Twitter Growth Stalls, Study Shows Just 10% Tweet

Kevin Spak — Tue, 09 Jun 2009 10:56:00 CDT

Just last week, Twitter was on the cover of Time ; today, everyone’s crowing about its demise, writes Om Malik for GigaOm. According to Compete.com, Twitter’s unique visitor growth stalled in May after months of sensational gains, up a mere 1.47% compared to Facebook’s 8%. The BBC reported that...

Recession Could End in 3rd Quarter: Economists

Wesley Oliver — Sun, 10 May 2009 14:00:37 CDT

Our long national nightmare could soon be over: Top economic forecasters expect the recession to end by the second half of this year, Reuters reports. In a new survey, experts predict the GDP will shrink by 2.8% this year but edge up 1.9% in 2010. Even so, economists...

China 'Worried' About US Debt

Jason Farago — Fri, 13 Mar 2009 07:45:19 CDT

The dollar and US Treasury bonds fell today after Wen Jiabao, the Chinese premier, voiced concern about the safety of US debt. As the American government's largest creditor, China has asked for reassurances that the US government demonstrate the safety of China's assets. "To be honest," said Wen, "I am...

China Outlines Stimulus Plans, But Offers No New Boost

Jason Farago — Thu, 05 Mar 2009 06:46:45 CST

China's prime minister announced a slate of new construction projects and increased subsidies to keep the country growing amid the global financial crisis. In his annual speech to the country's legislature, Wen Jiabao admitted that China faces "unprecedented difficulties and challenges" and would need to shift policies to push citizens...

Global Plunge Panics Economists

Jason Farago — Wed, 18 Feb 2009 04:13:15 CST

The markets' global plunge yesterday was testament to a new, scary fact, writes the Washington Post : the world economic crisis is getting even worse. New figures show the economies of Japan, Britain and Germany contracting at their fastest in decades, while emerging markets like Russia and Brazil are tanking, and...