Economic forecasters exist to make astrologers look good. But the recent jubilance is enough to make even weather forecasters blush. "Just look at the bull market! Look at home prices! Look at consumer confidence!"

WASHINGTON (AP) — The average U.S. household has a long way to go to recover the wealth it lost to the Great Recession, a report by the Federal Rese...

The stock and bond markets are sinking because of Fed Chairman Bernanke's seemingly offhand remark that the Fed could slow down its QE purchases of se...

In this week's issue, Saki Knafo looks at the plight of America's working poor through the eyes of one young man struggling to build a career in the fast food industry. And since this week marked the launch of our newest international edition in Japan, we're featuring photos from our tour of the gardens, temples and shrines of Kyoto.

The Great Recession decimated the wealth of many Americans, but the downturn hit black and Hispanic families especially hard, a new study finds, widen...

The first years of the U.S. economy's recovery from the Great Recession yielded strong gains in total wealth for the richest Americans, while every ot...

BOSTON -- The overhang of student debt on young workers may inhibit consumption and future borrowing, researchers at the Federal Reserve Bank of New Y...

We're now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn't have enough purchasing power to keep the economy going.

If the Obama charm offense works on the home lending industry, then more buyers -- either it be first-time home owners or small investors, come off the sidelines and will start to buy.

David Stockman's New York Times 'rant' glorifies the gold standard and denigrates government for standing in the way of putting "free markets and genuine wealth creation back into capitalism." In fact, Stockman would return us to an earlier era of crony capitalism.

If you had to date the Great Recession, you might say it started in September 2008 when Lehman Brothers vaporized over a weekend. By 2008, however, the majority of American workers had already endured a 40-year decline in wages, security, and hope -- a Long Recession of their own.

WASHINGTON -- After a full year of fruitless job hunting, Natasha Baebler just gave up. She'd already abandoned hope of getting work in her field, wo...

Hundreds of millions of people worldwide are on the brink of poverty. A recent study by the International Monetary Fund warns that as many as 900 m...