recession

The 40 Most Unusual Economic Indicators

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

Oil Prices Rise as Fiscal Cliff Recession Fears Recede

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.

Fiscal Cliff Talks Appear to Be Stalled

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."