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The president told ABC's "World News" in an interview that he will support additional federal intervention, if necessary, to ease the r...
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CHICAGO (Reuters) - A senior adviser to U.S. President-elect Barack Obama said on Monday the news that the United States has been in a recession for a...
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CHICAGO (Reuters) - U.S. President-elect Barack Obama on Wednesday named former Federal Reserve Chairman Paul Volcker to chair a new panel to advise h...
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CHICAGO (Reuters) - U.S. President-elect Barack Obama on Wednesday named former Federal Reserve Chairman Paul Volcker as chair of a new panel to advis...
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CHICAGO (Reuters) - Barack Obama will name former Federal Reserve Chairman Paul Volcker to chair an advisory panel to advise the U.S. president-elect ...
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CHICAGO (Reuters) - President-elect Barack Obama takes his first major step toward addressing the U.S. financial crisis on Monday, presenting the team...
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CHICAGO (Reuters) - President-elect Barack Obama has selected Timothy Geithner to be his Treasury secretary, putting the respected head of the New Yor...
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Companies today are slashing jobs with a meat ax. Recession looms or is already here, depending on whom you ask. Some predict unemployment rising into...
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With the global economy at risk of a deep recession, many battered areas of the economy stand to suffer more damage in coming months. Other industries...
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The gross domestic product fell at an annual rate of 0.3 percent