Washington, DC - Economic Meltdowns

Obama to back limiting size and risk-taking by banksNEW YORK — President Obama will announce Thursday proposals to limit the size of U.S. banks as well as their risk taking, The New York Times reported late Wednesday, citing anonymous officials. He also ...

THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION AN INDEX of THREE FACTORS The economyÕs expansion last quarter, for the first time in more than a year, has prompted much speculation that the recession is over. This turning point, however, ...

Census data show a widening income gap in US as poor people take bigger hit in recessionThe recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets. ...

Older job seekers struggle to overcome age barriers as 55-plus jobless rate hits recordLike many unemployed older workers, 64-year old Allan Kellum fears his age has made it harder to find a new job. At a recent job fair, Kellum expressed interest ...

ALL BUSINESS: If stocks hit a bottom, don't assume that means the economy will soon look upThe stock market is not the economy. The market's painful slide downward may be ending. The economy's suffering has a long way to go. How do ...

Topic: Washington, DC

Obama backs limits on bank risk

HOW WEÕRE DOING THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION

US income gap widens as poor take hit in recession

Older job seekers struggle to overcome age barrier

ALL BUSINESS: Stock market doesn't reflect economy

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