8/1/2014

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Business

Finance officials express hopes for growth

WASHINGTON (AP) - The world's top finance officials say the global economy is recovering, and they're hopeful that well-run economic programs will avoid the risks that threaten that rebound.

The 188-nation International Monetary Fund concluded talks Saturday with pledges to work toward faster growth that will alleviate still-high unemployment.

Managing Director Christine Lagarde told reporters that the world had gone through a lengthy economic "disaster" and now was moving through a period of strengthening growth.
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U.S. jobless aid applications rise to 302,000 U.S. jobless aid applications rise to 302,000