In these scary economic times, older workers are putting off their retirement and hanging on to a paycheck. Some retirees struggling to make ends meet are scanning help-wanted ads for the first time in years.
Treasury prices were mixed Tuesday during a choppy session on the last day of the first quarter of 2009.
U.S. stocks rose on Tuesday, with the market poised for its best month in six years, as positive news from European financial institutions lifted bank shares and a broker upgrade for Microsoft helped lift tech shares.
A key index of consumer confidence rebounded slightly in March, but it held near historic lows as consumers remained uneasy about the economy and the labor market.
Poland’s economic growth could come in below 1.1 percent this year, which would still make it one of few European countries to show any growth at all, the central bank chief said Tuesday.
U.S. home prices sank by the sharpest annual rate on record in January, and the pace continues to accelerate, but there were a handful battered metro areas where price declines slowed, according to data released Tuesday.
Haunted perhaps by the ghost of Herbert Hoover, global leaders have steered the world away from a 1930s-style Great Depression by a “very, very, high level of awareness” of the policy errors of his era, a top international economist said as he released an OECD study of efforts to save the world economy.
Oil prices edged up Tuesday in Asia but remained below $50 a barrel as fears of a major automaker bankruptcy in the U.S. sparked renewed jitters over the global economy.
Asian markets were mixed Tuesday amid low expectations for the summit of G-20 leaders and gloomy forecasts the region would continue to struggle as the global economy flounders. European markets rose in early trade.
A top central banker acknowledged Tuesday what many Australians have felt for months: a recession is just around the corner.