Recession | featured news

The recession steered a new type of customer to Wal-Mart — deeper in the pockets and suddenly looking for bargains.

The Green Bay Packers haven't been sacked by the recession despite a rough season on the field and significant financial challenges off it, but officials remain wary of the future.

New U.S. housing starts and permits surged in May from record lows, while producer prices rose at a slower pace despite higher gasoline prices, boosting prospects for the economy's recovery from recession.

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

For decades in D.C., good caregivers were wooed and well-paid. The recession changed all that.

The number of newly laid-off Americans filing jobless claims fell more than expected last week and retail sales grew in May for the first time in three months, fresh evidence that the worst of the recession may have past.

No longer able to take out a second mortgage, many Americans are finding another way to squeeze equity out of their home - selling the junk in it.

The recession may have slashed demand while supplies have swelled, but oil is being hoarded as producers and investors await an economic recovery.

The economy’s decline in the quarter was not quite as bad as the government originally believed, kindling hope that the economy could resume growing by the end of 2009.

Harlequin Enterprises Ltd., a global giant in women’s fiction, reported fourth-quarter earnings up 32 percent over the same period a year earlier, with U.S. retail sales up 9 percent in 2008.