Economic Crisis | featured news

Ireland's international bailout relieved investors Monday but outraged many across the country who find that a requirement to raid state pension ...

The simple truth is that Obama and the Democratic Congress were dealt a lousy economic hand, and they've played it about as well as anyone could. Along with their predecessors and the holdovers at the Federal Reserve, they prevented a collapse of the global financial system and a 1930s-like depression. But given the magnitude of the financial crisis and the global imbalances that gave rise to it, a prolonged period of slow growth and high unemployment was almost inevitable.

Gov. David A. Paterson cited the state’s financial problems in announcing a decision that reverses an earlier pledge.

As the economy shows troubling signs of another slowdown, some economists are beginning to worry about the possibility of a "double-dip" recession.

Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis.

The International Monetary Fund on Sunday approved a 30 billion euro ($38.6 billion) loan for Greece as part of a larger European Union-led effort to help ease the country's economic crisis.

Progress has been made toward stabilizing the global financial system but G20 countries must recommit to deliver on reforms that led to the crisis, G20 steering group leaders said in a letter on Tuesday.

LaShonda Durden had just given birth to her second child. She was two weeks back from maternity leave when her supervisor called her into her office.

In today’s job market, many good-paying jobs are being lost but aren't being replaced. As a result, some workers are finding they need more than one job to make ends meet.

Yes, if you go by the textbook. But it gets hazy if you look at other indicators.