Economy, Economic Crisis | featured news

U.S. Job Cuts Skyrocket In March

U.S. Job Cuts Skyrocket In March

ADP report indicates loss of 742,000 private-sector jobs, well ahead of expectations.

 

Obama Accepts China, Russia Invites

President says he'll visit China to talk money matters later this year, also accepts invitation to visit Moscow.

 

Poll: Blame for Economy Is Not Fixed on Obama

Most respondents point to financial industry as culprit, but doubts are rising about some of the administration's recovery plans.

 

G20 to agree not to hurt others with devaluations

G20 to agree not to hurt others with devaluations

Leading and emerging nations will commit this week to pursuing responsible economic policies that do not hurt each other's prospects with protectionism or currency devaluations, according to a draft G20 statement.

 

Cops: 6 dead in Calif. 'murder-suicide'

Cops: 6 dead in Calif. 'murder-suicide'

Six people were killed — including four children — after a shooting at a home in an upscale California neighborhood, police said on Monday.

 

AIG crisis could be tip of an insurance iceberg

The company's situation reflects problems throughout the life insurance industry as investments suffer. Further strain could bring about a second financial crisis.

 

Double-digit unemployment looms, OECD tells G8

The global economic crisis will hit jobs hard, with unemployment set to reach double digits in many developing and advanced countries, the Organization for Economic Cooperation and Development (OECD) said on Sunday.

 

Obama Signals Flexibility Ahead of G-20 Summit

Administration backs away from calls for other nations to mirror U.S. efforts to combat the financial crisis with ramped up spending.

 

Biden appeals to G20 protesters

US Vice-President Joe Biden urges G20 protesters to give governments a chance to tackle the economic crisis.

 

European protesters march in G20 rallies

European protesters march in G20 rallies

Thousands of people marched through European cities Saturday to demand jobs, economic justice and environmental accountability, ...

 

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