WASHINGTON — Household income in the U.S. is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic recovery.
NEW YORK — Microsoft Corp. is slashing the price of the high-end Xbox 360 console by $100, matching Sony's $100 price cut for the PlayStation 3 last week.
WASHINGTON — The economy shrank at an annual rate of 1 percent in the spring, a better-than-expected showing and more evidence that the recession is drawing to a close.
WASHINGTON — Georgia's Republican senators, Saxby Chambliss and Johnny Isakson, voted against the $787 billion economic stimulus package, blasting the bill as a bloated government giveaway.
The New York Amsterdam News turns 100 years old on December 4, 2009 and is one of the oldest and best-known African-American publications in the country.
WASHINGTON – The wildly successful $3 billion Cash for Clunkers program has generated more than half a million car sales. Now dealers hope to get paid.
OMAHA, Neb. — A monthly survey of rural bankers suggests the economy in 11 Midwest and Plains states is still in bad shape, with real estate, retail sales and hiring still below levels needed for growth.
