recession hits young people hard, knocking them off course for years to come," Orszag said, saying that children of laid-off workers typically earn less money and complete fewer years of school than otherwise
TOKYO - JAPAN'S Toyota Motor is to quit Formula One (F1) in a bid to slash costs as the company battles to cope with the fallout from the global recession, a newspaper said on Wednesday. Toyota
US consumer goods and pharmaceutical company Johnson & Johnson has announced job cuts of about 8,000, in a bid to trim costs in the wake of the recession. The company, situated in New Brunswick, New
is that because of this, the recession/depression will not be over for a long time for the unemployed workers who have watched their houses, their jobs, their lives and dreams of a future disappear into the maw
recession. New York's main contract, light sweet crude for delivery in December, rose 1.47 dollars to close at 79.60 dollars a barrel. In London, Brent North Sea crude for December climbed 1.56 dollars
WALL St stocks closed mixed as sentiment wobbled amid doubts about the prospects of a global recovery from recession and ahead of a Federal Reserve interest rate decision. The Dow Jones Industrial
: - The tailwinds supporting the global equity markets and economic recovery over the next 12 months. - Risks that could nudge the economy back into recession - Factors which underlie the case for a biased equity
(Source: Associated Press/AP Online) By CHRISTOPHER LEONARD ST. LOUIS - Archer Daniels Midland Co. said Tuesday that its first-quarter profit tumbled 53 percent as the global recession dragged down
that have been rattled by the recession. DuPont Co., based in Wilmington, Del., has seen its sales to big customers in the housing and automobile industry fall away, forcing the company to cut thousands
