Recessions And Depressions
A shopper carries Macy's bags while crossing an intersection outside Macy's on Saturday, Nov. 23, 2013, in New York.
Don't be fooled by the old "my girlfriend bought me this" line.
It's a home within a home — and it could be coming soon to a home near you.
It's the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession.
Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years, helping the U.S. economy reach its fastest growth rate of last year.
The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January.
In the latest sign that the economy is surging at year's end, unemployment claims have dropped to the lowest level since April 2008, long before anyone realized that the nation was in a recession.
As the first signs of an economic recovery make the news, many of the nation's nonprofit organizations are digging in for another three to four years of financial distress, according to researchers who keep an eye on the charitable world.
Europe's fiscal pact may save the euro from collapse and stave off worldwide financial panic. But the concerns of many investors are more personal: Will it lift my flagging 401(k)?
The U.S. economy will muddle through the next year without a recession, but growth-predicted to be 2.4 percent-will be too weak to make much of a dent in the unemployment rate, forecasters believe.
WASHINGTON (AP) — Sales of new homes rose in September after four straight monthly declines, largely because builders cut their prices in the face of depressed demand.
2011 was shaping up to be a washout for the stock market just two weeks ago. Now, it's within shouting distance of its biggest comeback in nearly three decades.
Are investors overreacting to the prospect of a recession? The slightly better jobs report on Friday notwithstanding, the odds of a recession appear to be climbing, and that's bringing back scary memories.
Police search ruling better, not best
Employers stopped adding jobs in August, an alarming setback for an economy at risk of another recession. The government also reported that the unemployment rate remained at 9.1 percent. It was the weakest jobs report since September 2010.
Consumers spent more on cars, furniture, electronics and other goods in July, and more in May and June than previously thought. If it keeps up, the economy might rebound after growing in the first half of 2011.
This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s.
WASHINGTON (AP) — The Federal Reserve said last month that the economy is gradually improving and began discussing how it would reverse policies adopted during the recession that pumped billions of dollars into the economy.
Companies created 268,000 jobs in April, the most since February 2006. The gains were widespread, as retailers, education, healthcare, and even financial and construction companies added jobs. Paradoxically, the unemployment rate rose.
Consumers as a whole will likely spend more this year-but not because we'll all be earning more money. Even people lucky enough to get a raise will likely spend most of those extra dollars to pay higher gas and food prices.
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Should the new Porter County Council districts take effect in 2014 or after next year's elections?