Extended Unemployment Benefits Don't Discourage Job Seeking: Fed
Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according a new report.
Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according a new report.
For the second time in less than a month, the stock market marched past another milepost on its long, turbulent journey back from the Great Recession.
Stocks around the world fell sharply Monday as investors gave their initial verdict to a weekend plan to tax depositors in Cypriot banks as part of the island nation's bailout.
Investors are showing more interest in the dollar, which is benefiting from the stock market's surge to new highs and an improving U.S. economy.
Every day, data-gathering agencies publish reports about where the economy stands and where it's headed: GDP, manufacturing, unemployment and the like. But for a less conventional approach to economic forecasting, consider these unusual indicators.
The U.S. economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.
The price of oil jumped by more than a dollar on Wednesday, to above $93 a barrel, after U.S. lawmakers passed legislation to avoid a fiscal cliff that could have pushed the world's biggest economy into recession, and reduced global demand for energy.
Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the fiscal cliff before the new year.
Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy off a "fiscal cliff."
In honor of Black Monday 1987 and Black Monday 1929, we bring you the October recession/depression quiz. If you've ever wondered what causes recessions, how we survive them, and how they end, take our quiz and find out!
The government's Great Recession bailouts are one of the hot topics of debate this election. But let's skip the rhetoric and run the numbers. If you think you know the facts about the bailouts, or if you're just curious, take a peek at our bailout quiz.
There are many reasons the middle class feels squeezed right now: unemployment, underwater mortgages, rising college tuition. But it's a combo of three other factors that made the 2000s a lost decade for average Americans: declining household income, shrinking net worth, and a smaller middle class.
Big chains like J.C. Penney and Lowe's are trying to wean sale-addicted customers off of sales in favor of everyday low pricing. It's the biggest shift in pricing in decades.
This week, the GOP is considering a bold plan to transform the U.S. economy: a return to the gold standard. Most economists are highly skeptical about what it would do to the economy. But how it would impact the average taxpayer? Here's a look at what it means -- and how it would affect you.
Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.













