WASHINGTON, Nov. 5 (UPI) -- Economic analysts said U.S. President-elect Barack Obama will need to act quickly and confidently to lessen the pain of an economic slowdown.

World events cause oil prices to spike; Angola will see new oil exploration following Sonangol's acquisitions; Oil prices are not expected to drop in the New Year

NEW YORK, Feb. 11 (UPI) -- The Federal Reserve has been raising U.S. interest rates with almost mechanical regularity since last summer but it's not finished, a survey says.

BOSTON, April 18 (UPI) -- Strong business activity in Asia and the United States is reportedly leading a revival of the global economy, which could grow 4 percent this year.

WASHINGTON, March 30 (UPI) -- Offshore outsourcing of IT services and software will end up creating twice as many U.S. jobs as it destroys in a range of industries by 2008, and has already c

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