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The Economy Just Shrank At The Fastest Rate Since The Recession

AP | Posted 08.25.2014 | Business

WASHINGTON (AP) — The U.S. economy shrank at a steep annual rate of 2.9 percent in the January-March quarter as a harsh winter contributed to the bi...

Global Economy Faces 'Perfect Storm'

AP | DAN PERRY | Posted 09.07.2012 | Business

CERNOBBIO, Italy -- Experts and leaders gathered in Italy may disagree on the cure, but the malady seems clear: the world economy faces a "perfect sto...

Service Sector Growing At Slowest Pace In Well Over A Year

AP | CHRISTOPHER S. RUGABER | Posted 10.03.2011 | Business

WASHINGTON — Service businesses such as restaurants, hotels and financial companies experienced their weakest growth in 17 months in July. The ...

What Bubble? VCs Still Pouring Money Into Web 2.0

Silicon Alley Insider | Vasanth Sridharan | Posted 05.25.2011 | Business

Recession? Slowdown? Bubble? Whatever? VCs are still investing in the Internet. According to Dow Jones VentureSource (NWS) and Ernst &Young, VC invest...

Fed Expects Slowdown To Deepen

New York Times | Edmund L. Andrews | Posted 05.25.2011 | Business

The Federal Reserve expects economic growth to slow sharply next year, and policy makers there are worried that even this forecast may prove too optim...