Stories tagged "recession"

Weary investors in the United States received a further pummelling yesterday as data showed new unemployment claims at a near-five-year high last week, a leading fund manager gave warning that America faced a financial tsunami?

Oil prices are falling but manufacturers have not dropped oil-related price increases they made this year.

Policy makers must learn from history, but they should know which historical episodes to look to. Central bankers seem to have been focusing on the 1930s, but here one of the world’s leading macroeconomists suggests that the 1970s provides more appropri

Flirting in the workplace on the rise as employees fear recession

Americans are changing the game plan for retirement, with millions laboring right past the traditional retirement age and working into their late 60s and beyond.

Aug. 29 (Bloomberg) -- Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.

Pressure is mounting on Gordon Brown to find help for hard-pressed families as the new Deputy Governor of the Bank of England warned that the financial situation was at least as bad as that of the 1970s. As the Prime Minister returns to his desk today to

During more difficult economic times, it becomes necessary to allow your investments to take some dives.

Political parties are no longer content to cede the stage to their rivals during their conventions.

Billionaire investor Warren Buffett said Friday the U.S. economy continues to be in a recession, by his definition, and will continue to be for at least several more months.