federal stimulus

Mixed News on Construction Spending

Boosted by the government's fiscal stimulus, construction spending unexpectedly rose 0.1% in June, the Commerce Department said. However, June's mild good news was offset by a large, downward revision to a 1% spending decline from a previously-announced 0.2% decline for May.

Clean-Tech Investments Surge, With Solar in Lead

Global clean-tech venture investments rose 43% to $2 billion in the second quarter and hit a high for the first half of this year. Solar and biofuel startups garnered the biggest funding, and the IPO market for clean-tech was much hotter in China than the U.S.

The 'Mancession' Ebbs as Recovery Revives Male Hiring

The Great Recession had a disproportionately high impact on male unemployment. But now, the tentative recovery is driving job gains in areas like construction and financial services, helping male hiring regain lost ground -- some good news for Father's Day.