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...

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...

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...

CHICAGO (Reuters) - Barack Obama will name former​ Federal Reserve Chairman Paul Volcker to chair an​ advisory panel to advise the U.S. president-elect​ ...

CHICAGO (Reuters) - President-elect Barack Obama​ takes his first major step toward addressing the​ U.S. financial crisis on Monday, presenting the​ team...

CHICAGO (Reuters) - President-elect Barack Obama​ has selected Timothy Geithner to be his Treasury​ secretary, putting the respected head of the New​ Yor...

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...

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...

The gross domestic product fell at an annual rate​ of 0.3 percent