Recessions and depressions

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Recessions and depressions

  • Eurozone growth hopes emerge after industrial data

    A larger-than-expected increase in industrial production across the 17 European Union countries that use the euro has raised hopes that the recession ... 

  • G7 says Japan playing by currency rules

    Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a ... 

  • Ben Bernanke

    Bernanke says Fed increasing financial monitoring

    The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another ... 

  • US wholesale stockpiles up 0.4 percent in March

    Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply. The Commerce Department said Thursday that ... 

  • US jobless aid applications fall to 5-year low

    The number of Americans who applied for unemployment benefits fell by 4,000 last week to a seasonally adjusted 323,000, a five-year low. Layoffs have ... 

  • BoE opts against further monetary stimulus

    The Bank of England has opted against pumping more money into the British economy. The decision Thursday by the central bank's main policymaking body ... 

  • Greece: Economic recovery in sight

    Greece's recession-wracked economy should start recovering next year and its sky-high unemployment rate should edge lower from the end of 2014, the ... 

  • US consumers cut back on credit card use in March

    Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases. 

  • US job postings fell in March; hiring slowed

    U.S. employers posted fewer job openings in March compared with February and slowed overall hiring, underscoring a weak month of job growth. The Labor ... 

  • French finance chief hails easing off austerity

    French Finance Minister Pierre Moscovici on Tuesday hailed the European Union's decision to grant his country more time to tackle its deficit as a ... 

  • Miguel Sandel

    Cranberry farmers struggle as surplus drops prices

    U.S. cranberry farmers who spent millions of dollars to replant and expand bogs face a financial crisis after a huge harvest in Canada flooded the ... 

  •  Enrico Letta

    Spain, Italy team up to demand crisis relief

    The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move ... 

  • Solid job gains in April ease fears about economy

    The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, ... 

  • US factory orders down 4 percent in March

    Orders to U.S. factories fell in March by the largest amount in seven months, but a key category that signals business investment plans increased. 

  • Olli Rehn

    EU predicts eurozone recession to continue in 2013

    Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record ... 

  • SUICIDE_INCREASE

    US suicide rate rose sharply among middle-aged

    The suicide rate among middle-aged Americans climbed a startling 28 percent in a decade, a period that included the recession and the mortgage crisis, ... 

  • US economic reports hold out hope for hiring gains

    Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ... 

  • Barack Obama

    Obama to pitch immigration overhaul in Mexico

    President Barack Obama has his top domestic ambition at the head of his agenda as he travels to Mexico on Thursday. To sell his immigration overhaul ... 

  • Medicaid improved mental health for uninsured

    If you're uninsured, getting on Medicaid clearly improves your mental health, but it doesn't seem to make much difference in physical conditions such ... 

  • Around the world, angry workers unite on May Day

    Workers around the world united in anger during May Day rallies Wednesday — from fury in Europe over austerity measures that have cut wages, reduced ... 

  • Ben Bernanke

    No policy changes are expected as Fed ends meeting

    The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end ... 

  • New Italian premier urges EU to focus on growth

    Italy's new prime minister called Tuesday for European countries to prioritize economic growth over debt reduction, adding his government believes ... 

  • Fed likely to stick with low-rate stance this week

    A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep ... 

  • US consumers boost spending 0.2 pct. last month

    Americans kept increasing their spending in March and their income grew, further indication that consumers are shaking off higher taxes. The Commerce ... 

  • Barack Obama, Kathleen Sebelius, Chuck Hagel, Arne Duncan

    Per-student pre-K spending lowest in decade

    State funding for pre-kindergarten programs had its largest drop ever last year and states are now spending less per child than they did a decade ago, ... 

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