While parallels exist, two American economists believe the US won't relive Japan's decade 'stuck in deflationary economic goo'
The Fed upgraded its view of the economy, but its priority is still to encourage economic growth. Until then, it's not raising interest rates.
No other secretary of State has so focused on women's rights. It's a powerful shift.
The vice president said Thursday that the $787 billion recovery act helped save the US from a depression. He's partially right, experts say. But the rising federal deficit is worrying.
Sales of existing homes rose 7.2 percent over June. But 4.1 million houses remain on the market, a jump over last month's level.
Peace Corps and others see ’60s-style interest from recent grads.
Bank loans and state-led investment have reenergized the economy, and people feel more secure about their jobs. But the government has boosted spending so fast that economists are warning of stock and real-estate bubbles.
There's been progress, but 'toxic assets' remain on the books of many small banks, which have been failing at a rising rate.