economy

The banking system's meltdown will run its course soon enough. Then we'll have to face the reality of the coming severe recession.

With the big year-end shopping holidays fast approaching, the credit market freeze couldn't come at a worse time for consumers, retailers and the broader economy.

Employers made deeper cuts in their payrolls in September, according to the Labor Department's monthly jobs report, as the economy experienced the biggest drop in jobs in more than five years.

After much ado, the government appears ready to toss a lifeline to Wall Street. But with policymakers frantically battling to keep the economy out of a deep slump, it won't be the only one needed.

According to a new survey from the Ewing Marion Kauffman Foundation, more than 70 percent of people say the health of the economy depends on the success of entrepreneurs, but most Americans are too worried to start their own companies....

Stocks and bonds have been whipsawed the past few days as investors try and figure out whether a financial bailout plan will be salvaged and what that will mean for the U.S. economy.

Job losses have been mounting, and the slowing economy and credit crunch is likely to take an even greater toll in the coming months.

The number of job cuts announced in September rose as the economy slowed, according to a report released Wednesday.

The global financial tumult is so broad and deep that it's almost too big to grasp, so here's a way to think about it.

Every financial crisis involves at least one vicious circle, a process in which things getting bad causes things to get worse.

Although the huge financial-rescue plan may help Wall Street, there's still plenty of bad news to come in the real economy. History gives us reason for hope, however.