Economy, Economic Recovery | featured news

President Barack Obama said on Wednesday he realized Americans were skeptical about his healthcare overhaul, but that the country's economic recovery depended on the success of the $1 trillion plan.

The three most important things in real estate: location, location, location.

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

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.

Some risks remain, but the economy looks set for a fourth-quarter recovery.

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.

That's the American Recovery and Reinvestment Act. Current economic indicators suggest that our economic crisis will hit bottom soon and that the U.S. will be poised for economic recovery. There are many signs pointing to an economy that shows significant signs of improvement.

Investors booked gains on last week’s rally and turned cautious about claims that the global economy is past the worst and ready to recover.

The economy lost 539,000 jobs in April, the government reported on Friday, a sign that the relentless pace of job losses was starting to level off.

Weak consumer spending continued in April, but some retailers posted sales gains, or slighter declines than in the past.