Economy, Economic Crisis | featured news

As the dreadful economic news piles up, President Barack Obama challenged the nation Saturday to not just hang in there but rather ...

Film News: 2009 releases earning big, but why? -- Domestic B.O. for January and February was up 13%. Admissions rose nearly 10%. With a slew of high-profile projects set to open in the next two months, Hollywood hopes to maintain this torrid pace.

The nation's unemployment rate rose to 8.1% in February, the Labor Department reported this morning, adding another grim indicator to an economic picture already darkened this week. The jobless rate stood at its highest point since 1983.

Rising unemployment in Europe and the U.S. invites instability.

Almost every industry and almost every part of country in dire economic condition, report shows.

Investors have largely panned the stimulus package that President Obama signed into law last month. But stimulus in China? Now that's a different story.

U.S. private companies hemorrhaged nearly 700,000 jobs in February and the service sector slump deepened as the year-old recession showed little sign of abating, according to data released on Wednesday.

British Prime Minister Gordon Brown is to strike a decidedly anti-protectionist note in an address to Congress, telling lawmakers that the "major challenges we all face are global."

The financial crisis and a series of scandals has Irish workers fuming -- and likely to take it out on the government.

Breaking up is hard to do -- perhaps even more so during a recession.