Today is a good day to consider the possibility that the economic downturn will not end up being nearly as deep as feared -- but will end up lasting f...
Economix | Alan B. Krueger | Posted 11.20.2008 | Business
Public labor exchange offices were established in the early days of the New Deal to help the unemployed find jobs. This function is now done in One-S...
AP | JEANNINE AVERSA | Posted 11.20.2008 | Business
WASHINGTON — Big industry production plunged in September by the most since late 1974, largely reflecting fallout from hurricanes Gustav and Ike...
Wall Street Journal | Simona Covel | Posted 11.16.2008 | Business
Kenneth Bravmann, an operations consultant at Marjam Supply Co., knew the building-supply company was wasting money on gas and losing efficiency when ...
AP | JEANNINE AVERSA | Posted 11.16.2008 | Business
WASHINGTON — Consumer prices were flat in September as retreating costs for gasoline, clothes and new cars helped to offset rising prices for fo...
New York Times | Michael M. Grynbaum | Posted 11.15.2008 | Business
Retail sales fell sharply in September as consumers shunned department stores, auto showrooms and shopping malls, ratcheting back spending for a third...
Richard (RJ) Eskow | Posted 11.09.2008 | Politics
As with 9/11, the administration tried to exploit a tragic situation for their own ends. And this five-day stock market plunge shows that, as with 9/11, they've made a grave situation even worse.
Richard Laermer | Posted 11.05.2008 | Business
A thousand years ago, back in 1999, zillions of young people came to cities like New York and ran around looking for jobs even though they had one waiting for them -- at work. It was so much fun to look and change and jump; to job-hop at will.
Reuters | Nick Zieminski | Posted 10.25.2008 | Business
Former General Electric Co (GE.N: Quote, Profile, Research, Stock Buzz) Chairman and Chief Executive Officer Jack Welch said the U.S. economy faces a ...
Wall Street Journal | Sue Shellenbarger | Posted 10.25.2008 | Business
At a little under three years of age, Bailey Haag can't understand the turmoil on Wall Street. But last week, the little girl's brow furrowed and her ...
Robert S. McElvaine | Posted 10.16.2008 | Business
John McCain fully agrees with this Hooveresque assessment that the economy is "fundamentally sound." That is a fundamentally flawed argument.
Washington Post | Anthony Faiola | Posted 10.16.2008 | Business
Developing countries including China and India, where red-hot growth has lifted hundreds of millions of people out of poverty in recent years, are sho...
LiveScience.com | Jeanna Bryner | Posted 10.03.2008 | Business
Layoffs can turn social butterflies into near hermits who shun such outlets as book clubs and even church groups, finds a new study. Workers who expe...
New York Times | Ian Urbina | Posted 07.31.2008 | Business
PHILADELPHIA -- Francis McConnell is a field supervisor for the Philadelphia Water Department, but lately he is acting more like an undercover police ...
Fortune.com | Allan Sloan | Posted 07.30.2008 | Business
NEW YORK (Fortune) -- There are two things you may have heard about the Federal Reserve Board, both of which are wrong. The first is that the Fed con...
AP | Posted 07.28.2008 | Politics
WASHINGTON — Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing p...
New York Times | Stephen Labaton | Posted 07.16.2008 | 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...
Bloomberg.com | Josh P. Hamilton | Posted 07.10.2008 | Business
July 2 (Bloomberg) -- It must be a bear market because even billionaire Warren Buffett's Berkshire Hathaway Inc. has slumped almost 20 percent since ...
AP | Posted 07.09.2008 | Business
SEATTLE — Starbucks Corp. has announced it's closing 600 underperforming stores in the United States. The Seattle-based premium coffee company ...
New York Times | Louis Uchitelle | Posted 07.04.2008 | Business
The Federal Reserve's policy makers ratcheted up their worries about inflation on Wednesday without abandoning their view that the American economy is...
AP | J.W. ELPHINSTONE | Posted 07.02.2008 | Business
NEW YORK — No matter who's measuring, the results are the same: Housing prices are tumbling at the sharpest rates ever with a bottom still at le...
Jared Bernstein | Posted 06.30.2008 | Politics
I know, "infrastructure" sounds really unexciting, not nearly as cool as a Mars probe or as obviously essential as health care reform. But investing in roads, bridges, water systems, schools, and other public goods is a critical need, and one that won't be met by the private sector. What's more, it's got some real political currency right now. In the short run, infrastructure investment could offset the cyclical downturn we're in immediately, and replace the demand lost to the coming downturn in consumer spending.
Wall Street Journal | Posted 06.28.2008 | Business
A new Superyachting Index shows that the top end of the yachting market is still holding firm - at least for now. The index, which is compiled by The...
Hartford Courant | Andrew Porter | Posted 06.27.2008 | Business
PLAINVILLE -- Gayle Kilburn thought it would be just another expensive stop at the pump when she filled up her Chevrolet Impala Thursday morning. But...
AP | TIM PARADIS | Posted 06.26.2008 | Business
NEW YORK — Wall Street sank Wednesday for the second straight day on renewed concerns about the financial sector and FedEx Corp.'s warning that ...
Economix | David Leonhardt | Posted 11.20.2008 | Business