The combination of falling home equity, the rising cost of food, health care and housing, tighter credit and eight straight months of job losses -- 84...
AP | JOSH FUNK | Posted 08.22.2008 | Business
OMAHA, Neb. — Billionaire investor Warren Buffett said Friday the economy continues to be in a recession, by his definition, and will continue t...
AP | LIBBY QUAID | Posted 08.18.2008 | Business
WASHINGTON — Hard times and higher fuel prices will follow kids back to school this fall. Children will walk farther to the bus stop, pay more ...
AP | Posted 08.10.2008 | Business
Treasury Secretary Henry Paulson, a former investment firm executive, says "absolutely there's a lot of truth" to President Bush's comment that Wall S...
Danny Schechter | Posted 08.05.2008 | Business
New York, August 4: We have all heard the line, 'DA NILE is not just a river in Egypt.' Denial can be a pervasive social and political phenomenon. So...
New York Times | CATHERINE RAMPELL | Posted 08.04.2008 | Business
Consumers spent more in June, but only because the things they bought cost more. Driven primarily by energy and food prices, inflation grew 0.8 perce...
New York Times | PETER S. GOODMAN | Posted 07.31.2008 | Business
The American economy expanded more slowly than expected from April to June, the government reported Thursday, while numbers for the last three months ...
Newsweek | Daniel Gross | Posted 07.20.2008 | Business
On Tuesday and Wednesday, Federal reserve chairman Ben Bernanke, a scholar of the epic financial meltdown of the Great Depression, and Treasury Secret...
MSNBC | Ovetta Wiggins | Posted 07.20.2008 | Business
Following the advice of their pastor, the men and women shuffled to the altar, cut up their credit cards and placed them near his feet. "If we want t...
AP | MADLEN READ | Posted 07.18.2008 | Business
NEW YORK — Citigroup has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion se...
New York Times | Stephen Labaton | Posted 07.08.2008 | Business
Federal policy makers have concluded that the turmoil plaguing the housing and financial markets is likely to spill deep into 2009, becoming one of th...
McClatchy Newspapers | Kevin G. Hall | Posted 06.15.2008 | Business
Not since the 1970s has the U.S. economy faced such an ugly combination of a persistent energy shock, a looming recession threat and menacing inflati...
Deepak Chopra | Posted 06.12.2008 | Politics
We find ourselves at a fork in the road. One way leads to a new world, one of frightening convulsions but eventually benefiting every economy, globalization. The other way is the road of nationalism.
McClatchy Newspapers | Kevin G. Hall | Posted 06.08.2008 | Business
The credit crisis triggered by bad home loans is spreading to other areas, forcing banks to tighten credit and probably extending the credit crisis th...
AP | JOSH FUNK | Posted 05.05.2008 | Business
OMAHA, Neb. — Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling because of the credit crunch i...
New York Times | PETER S. GOODMAN and MICHAEL GRYNBAUM | Posted 04.30.2008 | Business
The American economy remained stuck in the slow lane over the first three months of the year, expanding by a modest 0.6 percent annualized rate, the C...
Stacie Nevadomski Berdan | Posted 04.30.2008 | Business
Despite the economic slowdown in the United States, globalization provides a cushion of employment in other markets around the world - if you're game to work outside your comfort zone.
New York Times | Posted 04.13.2008 | Business
Recession? What recession? Judging by the way some wealthy businessmen and women are spending, you'd never guess that the country was in a major econo...
Robert L. Borosage | Posted 04.09.2008 | Politics
The entire debate over the Colombia Free Trade Agreement is taking place as if Ronald Reagan were president and it was still "morning in America."
Reuters | Posted 04.08.2008 | Business
Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economy was in recession, and said it would be appropriate to tap public funds...
International Herald Tribune | Posted 04.08.2008 | Business
The International Monetary Fund said Tuesday that financial losses stemming from the U.S. mortgage crisis might approach $1 trillion, citing a "collec...
Linda Keenan | Posted 03.17.2008 | Business
The pill gave the markets a quick burst, but the fast-acting stimulus soon wore off, leaving investors unimpressed and thoroughly unsatisfied.
Los Angeles Times | Peter G. Gosselin, Maura Reynolds | Posted 03.14.2008 | Business
Amid new signs of financial turmoil, the Bush administration Thursday raised the prospect of tighter regulation of U.S. financial markets. But it once...
Financial Times | Posted 09.18.2007 | Home
Zimbabwe is "closer than ever to complete collapse" under the weight of a deepening economic crisis that threatens to destabilise southern Africa, an ...
POKANE, Wash. - Republican vice presidential candidate Sarah Palin attended five colleges in...
TERRE HAUTE, Ind. — Barack Obama made his first direct criticism of Republican vice...
In a Thursday morning conference call for reporters organized by the Democratic National Committee, Kansas...
"Shame on you for writing that article! Shame on...
I thought McCain was the next Bush. I said so, like countless others, on this...
For all the hullabaloo about whether John McCain would...
A visibly upset Keith Olbermann apologized to viewers Thursday...
A John McCain campaign aide tells Jay Carney that she sees no reason why Sarah Palin should have to...
NEW YORK — Inspired by Neil Young and Radiohead, Michael Moore will release...
As Cindy McCain came under criticism for wearing an outfit that some estimate was...
Sages going back to Socrates have offered advice on how to be happy, but only now are scientists beginning...
WASHINGTON — The government is expected to take over Fannie Mae and Freddie Mac as...
PROVIDENCIALES, Turks and Caicos — Hurricane Ike slammed into the Turks and Caicos on Saturday as...
McClatchy | Tony Pugh | Posted 09.06.2008 | Business