Economic Crisis | featured news

Previewing key elements of his State of the Union address, President Barack Obama is announcing on Monday a series of initiatives aimed at calming some of the economic fears of struggling middle class families.

Central bank will return the money to the Treasury; bank's unconventional efforts to prop up the economy created windfall for the government.

Started at the height of the economic boom and built by some 12,000 laborers, the world's tallest building will open on Monday in Dubai as the glitzy emirate seeks to rekindle optimism after its financial crisis.

Despite a bad economy, the city is set to have the fewest number of homicides in a 12-month period since 1962.

President Barack Obama singled out financial institutions for causing much of the economic tailspin and criticized their opposition to tighter federal oversight of their industry....

Hunger is spreading while the number of homeless families is increasing as a result of the recession and other factors, according to a report on Tuesday.

President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration.

The Federal Reserve signaled on Wednesday that it isn’t close to raising interest rates, saying the economy remains weak.

President Obama said Monday the public and private sectors must find more ways to create jobs to continue the U.S. climb out ...

Mucking out sewers, freezing on crab boats and scraping up roadkill hardly qualify under most traditional definitions of entertainment.