Recent monthly employment reports have confirmed that this is the slowest U.S. recovery from a recession since the Great Depression. Four years after the recession began, unemployment is still above 8 percent, more than three percentage points higher than it…
recession
Thomson Reuters’ latest survey of Wall Street analysts’ expectations about next quarter’s corporate earnings has prompted some to wonder whether the canary in the coal mine is beginning to feel lightheaded. According to the Wall Street Journal, those in the…
Economists and pundits alike are going wild over the United Kingdom’s recent “double dip” recession. The 2008-09 recession prompted the election of a conservative coalition led by Prime Minister David Cameron. Cameron decided the best path for economic recovery was…