Polls show public disapproval over the Obama administration's handling of the worst oil spill in U.S. history.
The Fed's Ben Bernanke said Wednesday the US economy will grow this year but not fast enough to make big inroads in the unemployment rate. He signaled that interest rates are likely to remain low.
The economy responds to consumer fear and confidence, and confident workers quitting their jobs in search of something better signal to economists that things are looking up.
Stimulus now, coupled with a medium to long-term deficit plan, will spur job creation and cap the potential increase in interest rates.
Britain's Deputy Prime Minister Nick Clegg says that the coalition government's approach to deficit reduction will differ from Margaret Thatcher's cuts, avoiding confrontations, social divisions, and regional disparities.
Government leaders have spent too much money and put too much of the economy under their control. Now, the markets are forcing a correction.
UK Chancellor of the Exchequer George Osborne told parliament today that the new government will be seeking broad public input on an 'emergency budget' designed to slash the deficit and modeled on a crash program used by Canada in the 1990s.
DirecTV customer service had a tough Tuesday. A glitch caused a flood of calls. Customers even misspelled its name: Direct TV.
McDonalds hopes to collect all 12 million collectible glasses after announcing the Shrek glasses recall June 4.
Today’s long-term unemployment situation exceeds even the conditions seen during the double-dip recessionary period of the early 1980s.
The Dow average is down 438 points over two days as investors move from stocks to Treasuries. That's pushing mortgage rates to 50-year lows.