Economy, Economic Crisis | featured news

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

Most economists in the Journal's forecasting survey said the U.S. doesn't need another round of stimulus, despite expectations of severe job losses.

As jobless rate climbs, White House scrambles to reassure public Obama's plan is on right track.

Democrats are all over the map on the stimulus and the possibility of a sequel.

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

Soaring unemployment and a shrinking economy drove delinquencies on credit card debt to an all-time high in the first quarter.

Sperm banks and donor agencies say the recession is prompting a surge in calls from people who hope to make money by donating ...

Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.

In June, 467,000 jobs are lost; analysts had predicted 350,000. Despite positive signs for the economy in recent weeks, the report is evidence that the jobs market remains troubled.

The U.S. economy shrank slightly less in early 2009 than previously thought, the government reported on Thursday, though there was widespread weakness in activity and demand was soft.