Recession | featured news

Dow futures were up 30 points. The S&P Case-Shiller home-prices indexes showed U.S. home prices decreased at a slower annual rate in October, but prices were flat compared to September.

U.S. employers expect to hire more new workers in 2010 than they did in 2009, a sign the U.S. recession may be easing its grip, research showed on Tuesday.

Despite a bad economy, the city is set to have the fewest number of homicides in a 12-month period since 1962.

Yahoo is shutting down its offices, except for "essential functions," from Dec. 25 through Jan. 1, as the Internet company searches for new ways to cut costs during the recession.

Film boxoffices were poised on Wednesday to eclipse 2007's record $9.68 billion in U.S. and Canadian ticket sales with Hollywood eyeing more than $10 billion this year as audiences flocked to theaters during the recession.

The Labor Department said initial claims for unemployment insurance rose by 17,000 to a seasonally adjusted 474,000. That was above analysts' expectations of 460,000.

Hunger is spreading while the number of homeless families is increasing as a result of the recession and other factors, according to a report on Tuesday.

President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration.

The yen’s strength prompted fresh concerns among Japan’s export giants, and could delay its move out of the deepest recession in decades.

Millions of Americans got an early jump on their Thanksgiving travel Wednesday, with many opting to drive or take trains and buses instead of shelling out more money for flights amid a sour economy still hitting household budgets hard....