Moments after the opening bell rang at the New York Stock Exchange on Tuesday, the Dow Jones Industrial Average busted through its all-time high water mark.
For the first time since 2006, Goldman Sachs hosted one of its famous partners galas, and we know all about the lavish affair thanks to... Instagram, meaning the recession has officially ended and photo sharing apps are legitimate reporting tools.
After (semi) apologizing to Nate Silver for doubting his spot-on statistical insights into the 2012 presidential election, Joe Scarborough's gut instinct is now telling him to go after another guy who knows his data: Nobel Prize-winning economist and New York Times columnist Paul Krugman.
Many of us are cutting to the chase and simply buying gifts for ourselves this season, according to the market research. 'Tis the season for getting yourself a little something, apparently.
A new Gallup Poll says Americans are finally feeling better about their financials and that comes on the heels of a USA Today survey which found that economists are saying that our worst economic days may be behind us.
The British economy grew for the first time in nine months, officially moving the UK out of recession and giving all of Europe some hope for the future.
Every so often we get one of those articles about how someone more frugal than your average frugal person is living off the land on the cheap, surviving on stuff discovered in Dumpsters and other people's trash. But they have limits, these people do.
In the economics world, Thursdays means initial jobless claims, and that means yet another favorable statistic that has naturally suspicious people scratching their heads.
We've all heard that the housing bubble's pop led to thousands of foreclosures, but it's interactives like this from WNYC that really show how prevalent the problem was—and still is.
Federal Reserve chief Ben Bernanke is sick of sitting on the sidelines and on Thursday announced an aggressive new plan to boost the economic recovery by pushing down longer-term interest rates.
The Federal Reserve has announced a new round of Quantitative Easing, hoping to boost a sluggish economy with a influx of new cash.
A new study finds that an alarming number of homeowners — 800,000 — would not have faced foreclosure had the banks taken full advantage of the government's Home Affordable Modification Program to assist distressed mortgage-holders following the financial meltdown.
Politicians are constantly reminding us about the debt we are leaving for children, but it seems that our children aren't really bothered — since they mistakenly think they'll be getting all our cash as well.
For the last several months, Republicans and Democrats have been posturing their way towards the the edge of the so-called "fiscal cliff," a mix of nearly $500 billion in tax hikes and spending cuts set to go into effect in January.
It might seem impossible now, but House Speaker John Boehner may follow in the footsteps of John McCain and George H.W. Bush, and become the Republican that liberals love after his comments to Fox News suggesting the Tea Party is made up of "knuckle draggers."
European stocks went up this morning even as new GDP numbers showed that most its national economies are shrinking. Just not as quickly as everyone feared.
The federal deficit was 67 percent of our GDP in 2011, which is pretty bad, but not as bad as in that of the U.K., Italy, Japan, or Greece, according to a chart compiled by The Heritage Foundation, a conservative think tank. And, they claim, if our current rate of debt continues, we'll match Greece's level in about 2030.
It's been five years today since the economy went to crap, the Financial Times reports. While we'd like to say that so much as changed since then, a birthday is a birthday. So break out the cheap champagne (or tears, or something) and mull over these five reasons to have a little bit of hope.
The United States added just 80,000 jobs last month, keeping the unemployment rate at an annoyingly high 8.2 percent, despite Thursday's hopeful figures on jobless benefit claims and ADP's private employment estimate.
In today's Ad Watch: The Republican National Committee says Obama forgot the recession, while Obama says you guys just don't know how far we've come. Plus, the worst political ad all year.
Publicity-wise, Bloomberg Businessweek's Thursday report on AIG's financial ill-health and the federal maneuvering to hide it came at a bad time, following a spate of glum financial news and a Frontline documentary that picked at the scabs of 2008's financial collapse.
For the first time since 2009, the United Kingdom's economy is experiencing a recession.
Terrible, terrible news: East Hampton's 2,900 non-resident beach parking permits have sold out completely in record time this year. What are beach-going New Yorkers to do?
While the U.S. housing market continues to struggle, there is one bright spot for those who sell apartments: Russians are investing plenty of money in high-end real estate, especially in New York City.
Parents are taking out loans to pay for their children's educations. That's been happening for years, you say? Well, yes. Except now the loans are being taken out for high school educations—and even kindergarten.
The financial jobs market isn't doing well and no one expects it to make a comeback anytime soon, if ever.
The deficit-reducing Super Committee, which everyone thought would fail, has officially admitted failure in a press release today.
In depressing economic news of the day: The U.S. will more likely than not experience another recession in early 2012.
Like many other businesses, Apple is taking advantage a workers fearful of losing employment in a shaky economy -- and it seems as if it is not about to let a union get in the way of that.
The danger of a double-dip recession is scaring everybody, but not enough to keep them from buying frivolous things.
Boehner felt the need to release phone call transcript insisted the GOP had done something on jobs
An argument that the country's prospects look worse shape than in the 1930s
During the recession from 2008 to 2010, researchers expected crime to rise but it fell instead
After a bad September for the markets, car sales are up
A string of bad economic news left the markets headed toward their worst quarter
Research firm ECRI says a double-dip recession is inevitable and they've been right before
Factory activity is down worldwide, and that's not a good sign
On facial recognition, the big economic picture, Norway's children, and more
Post-recession Americans work less, and watch more TV
The recession didn't solve our carbon problems after all
On recent graduates, Sudan's civil strife, and the European Union's struggles
Minority groups lost a bigger chunk of their income than whites did
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