UPI Related News
WASHINGTON, Nov. 6 (UPI) -- The U.S. unemployment rate in October jumped to 10.2 percent, the highest since April 1983.
Global strife pushed economic concerns off the table at a press conference in Pittsburgh, despite President Barack Obama's opening remarks.
NEW YORK, Sept. 25 (UPI) -- U.S. markets fell Friday as Group of 20 world leaders met for the second day of an economic summit in Pittsburgh.
The $700 billion financial firm rescue package a year ago did not stop a free fall on Wall Street. Instead, it signaled the financial crisis was very real.
BEIJING, Sept. 14 (UPI) -- President Obama's new tariff on Chinese tire exports could spark a trade war or help spur Chinese reform. The global economy should be holding its breath.
Markets around the globe were mixed Thursday after the U.S. Federal Reserve issued its most optimistic economic summary since the recession began.
U.S. Federal Reserve policy makers took a rosier view of the economy at an Aug. 11-12 meeting, but held back on the nagging question of new jobs.
Japan's gross domestic product grew almost as much as expected in the second quarter, government figures released Monday showed.
The U.S. Federal Reserve signaled a turning point in the recession, saying it would scale back on buying government bonds, a retreat from its recovery program.
A dip in the escalating U.S. unemployment rate gave markets a one-day boost before fading into the haze of old news. On Monday, it was doldrums again.
