My Denver Home Loan Fairway Independent Mortgage Corp.

7/4/2009 10:56 AM

Asian officials say lax U.S. financial regulation is to blame for the financial crisis, rather than their countries' high savings rates.

Rising Job Losses Damp Recovery Hopes

7/4/2009 3:52 AM

Job losses accelerated last month and the unemployment rate rose to 9.5%, casting doubt on the U.S. economy's ability to rebound soon.

Merkel Seeks End to Cycle of Crises

7/3/2009 1:50 AM

Germany's Merkel will urge G-8 leaders to break the cycle of bubbles and crises by tempering economic growth and taming financial markets when good times return.

Stagnant Pay Stalls Potential Recovery

7/3/2009 4:54 AM

Employers shed 467,000 jobs last month. People also worked less and their pay stagnated, threatening the strength of a potential recovery in the second half of the year.

Even Teachers Feel Pinch of Downturn

7/3/2009 3:34 AM

Education jobs -- once considered recession proof -- grew steadily in recent years, but the number of teaching jobs has declined in four of the last six months.

Euro-Zone Unemployment Hits 9.5%

7/4/2009 3:52 AM

The ECB kept its key rate at a record low 1% and signaled it is unlikely to cut rates further or launch new lending programs soon.

No Decision Yet on More Stimulus

7/3/2009 4:54 AM

White House economists have discussed whether more economic stimulus will be needed, but they won't make the decision until at least the fall.

EU Outlines Derivatives Revamp

7/3/2009 6:01 AM

The European Commission outlined measures it is considering to improve the safety and transparency of Europe's over-the-counter derivatives trade.

Euro-Zone Retail Sales Slip

7/4/2009 1:35 AM

Retail sales in the 16 countries that use the euro resumed their long decline in May, having risen in April.

New York City Sees Slide in Tourism

7/2/2009 8:50 PM

New York City, one of the world's most visited places, is seeing a downward slide in tourism this summer even as it battles other economic woes.