Wednesday, April 7, 2010 as of 11:14 AM ET
In economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.
Read More at Wikipedia ›North Las Vegas City Manager Timothy Hacker on efforts to close the city’s budget gap with union contract cuts.
Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets alr...
FBN's Rich Edson on how the spending cuts of the 'sequester' are impacting businesses now.
Shareholder meetings tend to be dull, pro forma affairs held at sterile conference centers and highlighted by an earnest chief executive who checks off a list of acc...
If you are heading for the altar, you might want to consider these new splashy trends for your special day and for your guests. Despite the sluggish economy, the wed...
Evonik Industries AG's decision to press ahead with a Frankfurt listing as Georgian Railway pulls a planned London float highlights Europe's increasingly divided equ...
The final reading of the University of Michigan-Thomson Reuters consumer sentiment index climbed to 79.3 in May - the highest level since October 2007 - from 76.4 in...
The final May reading of the University of Michigan-Thomson Reuters consumer-sentiment index is due at 9:55 a.m. Eastern. Economists polled by MarketWatch expect a f...
With retirement just around the corner, many baby boomers are going through another major life change: divorce.The overall divorce rate in the U.S. sits around 50%, ...
While many New Jersey natives are none too pleased with the publicity they've gained from MTV's runaway reality hit, "Jersey Shore," you won't hear Mike Carbone comp...
Centurion Holdings CEO Joe Grano on Europe’s economy, U.S. government spending and the fallout from the Facebook IPO.
Wells Fargo Senior Economist Mark Vitner and Moody’s Chief Economist John Lonski on the outlook of the U.S. economy and impact of Europe’s economic woes.
Mortgage Market Guide’s Barry Habib on producing the show “Rock of Ages” and the outlook for mortgage lending.
Gluskin Sheff & Associates Chief Economist David Rosenberg and Tuttle Wealth Management CEO Matthew Tuttle on whether investors should buy bonds.
RBC Wealth Management Research Director Janet Engels on why the economic headlines from China, Europe and the U.S. are still creating uncertainties for U.S. markets.
Oil futures eked out a gain Friday, as traders remained wary of staking out large positions following inconclusive talks with Iran and a long weekend in the U.S.Ligh...
We talk about diversification all the time when we discuss our investment portfolios, but I didn't expect to hear it during my most recent wine conversation.But it s...
Recreational Vehicle Industry Association President Richard Coon on the outlook for recreational vehicle sales.
Go 'Opaque' and SaveIf you didn't reserve your last hotel room through Priceline or one of the other "hidden" hotel deal sites, sorry -- you just overpaid. Hidden, o...
Ratings agency Standard & Poor's cut the ratings on five Spanish banks on Friday, another blow to the country's ailing banking sector as the nation's deteriorating f...