Global Financial Crisis | featured news

The top industrialized nations are in Pittsburgh to discuss ways to head off another financial collapse. But don't expect any major progress.

The unrelenting global troubles confronting Barack Obama are about to converge on him all at once, providing a stern test of leadership for a first-year president who has pledged to "change the world."

Central bankers from around the world are starting to focus on how to unwind the policies they used to fight the global financial crisis.

The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund's chief economist said.

The country's return to growth is a strong signal that a corner has been turned in the global crisis.

Prices have dropped as traders and investors acknowledge that a global recovery will take longer than hoped.

Despite steep discounting and unprecedented incentives, hotel occupancy in Hawaii continues to slide to new lows because of the slowed global economy.

China's love affair with the automobile is thriving despite the global recession, and it's changing the way people live here ...

Underscoring the risk that hopes for a quick turnaround may be premature, the World Bank said Thursday that it expected the global economy to shrink nearly 3 percent in 2009, far deeper than the 1.7 percent contraction it ...

The U.S. trade deficit rose in March for the first time since last July as the global recession cut sharply into sales of American exports. The politically sensitive deficit with China increased.