WASHINGTON - The country's economic picture has darkened further as Americans hunkered down heading into the holidays, forcing retailers to ring up fewer sales and factories to cut back on production.
The Federal Reserve's new snapshot of...
Business conditions have weakened across Ohio and western Pennsylvania in recent weeks, a new federal report says.
The Federal Reserve’s anecdotal Beige Book report of economic conditions, released Wednesday, saysstronger industries, such as...
The U.S. economy has been in recession for about a year, according to the research organization that tracks economic cycles.
Overall economic activity weakened across all Federal Reserve Districts since the last report. Districts generally...
Blog-posts
The economic decline took a turn for the worse after the market shocks of October. In November, the problems only deepened, The New York Times’s Michael M. Grynbaum writes.
Cash-poor Americans, fearful for their jobs and victims of a steep decline...
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1 month ago from The Washington Post