Most Asia-Pacific stock markets closed lower on their first trading day of the week. Market analysts say investors have yet to see relief in the global economic gloom as more statistics point to a deepening downturn. Pedestrian walks past share pric...
U.S. President Barack Obama is scheduled to sign the $787 billion economic stimulus plan into law at a ceremony in the western city of Denver, Colorado on Tuesday. Mr. Obama calls it a major milestone on the road to recovery for the U.S. economy, wh...
U.S. President Barack Obama signed into law Tuesday the biggest economic stimulus plan in the nation's history. The almost $800 billion in government spending and tax cuts is designed to get America's economy back on track. President Barack Obama si...
The global economic downturn is hitting France's overseas territories particularly hard. A wave of protests and strikes has shuttered supermarkets, gas stations and schools in the Caribbean islands of Guadeloupe and Martinique. The government has vo...
As U.S. lawmakers were voting on a giant economic recovery plan, President Barack Obama again emphasized the many challenges facing the nation's economy. President Barack Obama makes remarks to business leaders at the White House, 13 Feb 2009 Presid...
In a major victory for President Barack Obama, the House of Representatives has approved, by a vote of 246 to 183, a $787 billion measure that tries to create jobs, spur growth, and kick the U.S. economy out of recession through tax cuts and domesti...
The U.S. Congress is poised to give final approval to President Barack Obama's economic stimulus plan, handing the new president a major political victory in his first few weeks in office. Mr. Obama waged a two-front campaign on behalf of the bill....
With Tuesday's Senate vote approving its version of economic recovery legislation, the focus has shifted to a House-Senate conference committee beginning work on resolving differences between slightly different versions of the measure. Tough bargain...
President Dmitri Medvedev is calling for constant police monitoring to maintain social order in Russia amid growing unemployment and crime linked to the global economic crisis. Mr. Medvedev is also warning law enforcement officials to fight crime in...
U.S. President Barack Obama says Congress is flirting with catastrophe by failing to agree on a massive economic stimulus package. Mr. Obama spoke after the government reported another month of severe job losses in the United States. President Barac...