Economic Crisis | featured news

A new season of “30 Rock” begins Thursday on NBC with comical reminders that the economic meltdown hasn’t blown over.

The worst U.S. economic recession in 70 years is forcing senior citizens out of retirement, leaving them fighting for jobs in a weak labor market or risk homelessness, according to a private study.

The U.S. manufacturing sector grew in August for the first time in over a year and a half, while pending home sales surged to a two-year high in July, adding to mounting evidence the longest economic slowdown since the Great Depression is ending.

Once an industry laughingstock, S. Korean automaker sells value as its rivals falter.

Although the recession has been a struggle for all U.S. retailers, there is evidence that it has been especially difficult for the nation’s smaller, independent retailers.

For one answer to the nation's most pressing economic question -- when will the recession end? -- just take a peek inside the American man's underwear drawer.

The estimate, an increase from $7.1 trillion, was blamed on the unexpectedly deep economic downturn.

The United States economy is out of the emergency room and appears to be on a slow path to recovery, Warren Buffett wrote in an opinion column in the New York Times.

Two years ago, the housing virus passed into the banking system -- and the Fed and ECB rushed to administer medicine. Although the patient may be out of danger, he isn't healthy yet, David Wessel writes.

The government says the number of newly-laid off workers seeking unemployment insurance fell last week, fresh evidence that layoffs are easing.