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(Image from article: "Greenspan predicts 3% growth in 3rd quarter")

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Last Week's Economy Started Badly, But Ended on a Good Note

Sun, 06/10/2012 - 1:39am — Sin-Mao Yang

A week ago, the economy was looking pretty bad. China and India’s economic growth have slowed. Before Europe even has a chance to fully deal with the Greek crisis, another one sprang up: Spain. In the U.S., unemployment went up slightly in May and job growth slowed. It’s just all bad news for the global economy.

Greenspan predicts 3% growth in 3rd quarter

The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and will pass 10 percent, former Federal Reserve Chairman Alan Greenspan said Sunday.

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