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Economic Report

Zach Carter

Austerity Politics Puts U.S. On 'Precipice Of Recession' | Zach Carter | Posted 01.30.2013 | Politics

WASHINGTON -- Lawmakers were stunned Wednesday to learn that the U.S. economy officially dove toward a double-dip recession at the end of 2012, contra...

Benrnanke: Record-Low Interest Rates Are Still Needed To Keep The Recovery Going

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — New signs emerged Wednesday that the economic rebound is sputtering. Sales of new homes hit a record low last month. And mortgage g...