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US economy to grow solidly after winter freeze: Yellen

Last Updated: Wednesday, May 07, 2014, 21:11

The US economy is on track for "solid growth" in the second quarter after the winter freeze, US Federal Reserve Chair Janet Yellen said Wednesday.

US job growth jumps, but shrinking labor force a blemish

Last Updated: Saturday, May 03, 2014, 16:02

Nonfarm payrolls surged 288,000 last month, the Labor Department said on Friday. That was largest gain since January 2012 and beat economists` expectations for only a 210,000 rise.