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It is now possible to use the past tense when referring to the December 2007 through June 2009 recession and call it the longest in post-war history.
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Supported by substantial stimulus measures, the economy growth of the United States has started again, the Paris-based Organization of Economic Cooperation and Development said Monday in a latest survey.
The Federal Reserve for the first time raised direct concern that the nation's economy may be headed into a deflation trap and expressed new readiness to take more action to avert a serious turn for the worse.
In its efforts to empower urban and multicultural communities by offering small businesses the unique opportunity to vie for $150,000 in business grants with its signature program, the MillerCoors Urban Entrepreneurs Series (MUES) and Business Plan Competition.
U.S. President Barack Obama has stepped up his criticism of China's currency policy and could address the issue when he meets later this week with Premier Wen Jiabao, the White House said Tuesday.
Christine O'Donnell, Republican candidate to take Joe Biden's senate seat in Deleware, denied Tuesday charges leveled against her that she had misappriated some $20,000 in campaign funds.
Republicans in the U.S. Congress say they are developing plans to roll back portions of President Obama's new healthcare law after the November election.
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