Atlantic superstorm Sandy may cut US economic growth as it keeps millions of employees away from work and shuts businesses from restaurants...

Correction reflects improvement in trade deficit, a pickup in household spending on utilities and the biggest gain in spending on services ...

Rising unemployment is triggering home foreclosures in US, threatening Obama's efforts to end housing crisis & diminishing hopes of swift r...

Home prices in 20 major US cities fell in April at a slower pace than forecast, a sign that the plunge in real estate values is abating.

The US jobless rate climbed in March to the highest level since 1983 and manufacturing shrank, putting the recession on the brink of becomi...

If the current recession lasts into April, it will go on record as the longest in the postwar era. The Great Depression I Top Banks I Globa...

If the current recession lasts into April - as it almost surely will - this one will go on record as the longest in the postwar era. The 19...

Signs are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real estate market may not rec...

The US economy weakened more than forecast in the fourth quarter as housing sank deeper into recession and consumer spending cooled.