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LONDON — When the British economy fell back into a recession at the beginning of the year, the government put part of the blame on the turmoil in the euro zone. That claim lost some credibility Thursday, with the release of official statistics ...
May 25, 2012 at 05:55 | Source: New York Times
U.S. lawmakers must take steps to address $7 trillion in “economic events” next year or the economy may go into recession, the co-chairmen of President Barack Obama’s fiscal commission said on CNN. Automatic tax changes and cutbacks to ...
May 27, 2012 at 07:33 | Source: Bloomberg
The recession put the brakes on many franchise chains’ expansion — but not all. For instance, the top fast-food chain by number of locations, Subway, added close to 6,000 restaurants from 2008-2010, the Milford, Conn.-based company reports.
May 23, 2012 at 12:10 | Source: msnbc.com
For most of us, it isn't really news that the economy is struggling: new figures from the Office of National Statistics (ONS) have recently confirmed that Britain went back into recession at the end of last year and we're still in a double dip.
May 25, 2012 at 20:57 | Source: The Guardian
MINNEAPOLIS -- – Alyssa Kjellberg still can’t believe it. Two years beyond college, her career path has led only to jobs at a greenhouse, a hotel front desk, an aunt’s office and a seasonal landscaping company – all paying less than $12 ...
May 27, 2012 at 02:18 | Source: The News & Observer
LISBON (Reuters) - Portugal's ruling coalition is reporting that EU and IMF inspectors evaluating the country's bailout programme have concluded the worst of the local recession may be over, which should help a recovery in faltering tax revenues.
May 25, 2012 at 09:37 | Source: msnbc.com
LONDON - Britain's recession is deeper than first thought according to revised official figures published Thursday that showed the non-eurozone nation's economy shrank 0.3 percent in the first quarter. A second estimate of gross domestic product (GDP) for ...
May 23, 2012 at 23:58 | Source: The Vancouver Sun
LONDON (AP) — Britain is in a deeper recession than previously thought, official figures showed Thursday, in another downbeat development that will likely heap the pressure on the government and the central bank to do more to boost the flagging economy.
May 24, 2012 at 10:35 | Source: YAHOO!
The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled -- roughly the beginning of next year -- the U.S. will likely go into recession in 2013. This is the "fiscal ...
May 23, 2012 at 23:58 | Source: Daily Finance
PARIS (AP) -- The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to stop the slowdown ...
May 27, 2012 at 00:52 | Source: Yahoo Finance