Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

HOPELESS: Suicide Rates Rise as Economy Falls

Suicide rates in the U.S. tend to rise during recessions and fall amid economic booms, according to study from..

Source: www.bloomberg.com

Economy 101: Who benefits from new banking rules?

At the core of an international agreement to head off future financial meltdowns is a requirement that banks keep more....

Global banking rules aim to balance safety, growth

Banks will have to significantly increase their capital reserves under rules endorsed Sunday by the world's major central banks...

No Housing Crisis on Obama Vacation

As the nation struggles through a housing crisis, President Obama happens to be vacationing in an area of the country shielded....

Jobless millions signal death of American dream

Even the criminals have fallen on hard times in America's poorest city as the long-term unemployed struggle to keep a grasp on normality...

Debts Rise, and Go Unpaid, as Bust Erodes Home Equity

During the great housing boom, homeowners nationwide borrowed a trillion dollars from banks...