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Recessions and depressions
September 13, 2017
GOP lawmakers push balanced budget mandate in Constitution
Republican lawmakers from 19 states are trying to develop a plan in Arizona this week for carrying out a growing, but ...
September 13, 2017
American household income finally topped 1999 peak last year
In a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American ...
September 06, 2017
Australia marks 26 years since recession with growth data
Australia's economy has grown for 26 years without a recession, an extraordinary achievement in a volatile world still aching ...
September 01, 2017
US job growth slowed in August but economy still looks solid
The U.S. job market hit a lull in August, with employers adding a solid but less-than-robust 156,000 jobs and holding back ...
August 30, 2017
Long-mothballed Las Vegas Strip casino-hotel sold for $600M
A long-mothballed, unfinished casino-hotel on the Las Vegas Strip sold for $600 million on Tuesday, eight years after ...
August 29, 2017
AP Interview: Russian economy boss: sanctions no longer bite
Russia's economy minister, a rising star in Kremlin politics, said Tuesday that his country is no longer suffering from U.S.
August 08, 2017
The Latest: South Africa's Zuma happy after surviving vote
The Latest on South African parliament's vote on no-confidence motion in President Jacob Zuma (all times local): ___ 7:35 p.m
July 25, 2017
Former contract workers key in Mississippi Nissan union vote
A bid by workers at Mississippi's Nissan Motor Co. plant for United Auto Workers representation could turn on a key voting ...
July 14, 2017
Illinois' strategy for digging out of debt: taking on more
Illinois lawmakers who recently ended the longest fiscal standoff of any state since the Great Depression are counting on an ...
July 12, 2017
Yellen says Fed watching slowdown in inflation
Federal Reserve Chair Janet Yellen raised the possibility Wednesday that the Fed would consider slowing the pace of its ...
July 08, 2017
Hiring surged last month in a sign of US economic vitality
Hiring surged in June in a surprising show of U.S. economic vitality eight years into the recovery from the Great Recession.
July 07, 2017
Where's my raise? 5 reasons pay isn't rising much for many
Eight years after the Great Recession ended, the economy is steadily churning out jobs, and the unemployment rate is at a ...
July 07, 2017
Illinois House approves state budget, ends historic impasse
The Illinois House voted Thursday to override Gov. Bruce Rauner's vetoes of a budget package, giving the state its first ...
July 05, 2017
Illinois Senate nixes vetoes of budget plan with tax hike
The Illinois Senate voted Tuesday to override Gov. Bruce Rauner's vetoes of a $36 billion budget package fueled by a $5 ...
July 03, 2017
Auto sales fall 6 straight months, stay near record levels
Unemployment is down, consumer confidence is up, and gas prices and interest rates are still low. Even so, U.S. auto sales ...
July 02, 2017
Illinois House leader: Revenue vote now set for weekend
The speaker of the Illinois House on Saturday scheduled a key vote on a multibillion-dollar revenue package that would ...
June 29, 2017
Fed approves dividend, buyback plans of all 34 biggest banks
The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy ...
June 28, 2017
Pound jumps on Carney remarks about timing of rate hike
The British pound rose sharply Wednesday after the country's top central banker pondered the prospect of higher interest ...
June 23, 2017
Fed: Biggest US banks strong enough to withstand recession
All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending, ...
June 22, 2017
Scandal-hit South Africa leader says doing job 'very well'
South African President Jacob Zuma on Thursday sparred with opposition lawmakers in a parliamentary debate over presidential ...