Law departments show caution on hiring and spending in 2019 A new survey of chief legal officers reveals that 76 percent expect there will be a recession in the United States within the next two years, which is making them ...

Tagged with: Altman Weil chief legal officers recession

NEW YORK — The recession and its hangover may have turned bill-paying habits upside down. Cash-strapped Americans are paying off their car loans before they pay credit card bills and make mortgage payments, a study finds. It used to be ...

Tagged with: Economy recession

ALBANY — State Comptroller Thomas DiNapoli said Thursday that New York has recovered less than half the jobs lost during the recession and a weakening Wall Street and global economy make for a gloomy outlook. DiNapoli’s report on economic trends ...

Tagged with: recession Thomas DiNapoli

WASHINGTON — The United States added 103,000 jobs in September, a burst of hiring that followed a sluggish summer for the economy. The figure at least temporarily calms fears of a new recession that have hung over Wall Street and the nation for weeks.

Tagged with: Economy Jobs Labor Department recession Unemployment

WASHINGTON — The economy is showing signs of modest improvement — not enough to reduce high unemployment but enough to ease fears that another recession might be near. Fewer people applied for unemployment benefits last week ...

Tagged with: Economy recession Unemployment

ALBANY — Wall Street's volatility has hit state pension funds just as they were beginning to recover from the recession, turning what was merely a troubled forecast into a potentially stormy future for taxpayers who are on the hook for billions in unfunded liabilities for government retirees.

Tagged with: recession taxpayers Wall Street

WASHINGTON — The economy expanded at a meager 1.3 percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year ...

Tagged with: Commerce Department economists Economy recession recovery

WASHINGTON — It might be time for another midnight ride by Paul Revere, this time warning "the creditors are coming." Americans seem not to have awakened to the fast-looming debt crisis that could summon a new recession, imperil their stock market investments and shatter faith in the world's most powerful economy.

Tagged with: debt ceiling Economy poll recession

WASHINGTON — In a healthy economic recovery, states and localities start hiring, expand services and help fuel the nation's growth. Then there's the 2011 recovery. The U.S. economy is moving ahead, however fitfully.

Tagged with: Economy recession recovery

WASHINGTON, D.C. — For young people who came of age in the recession, the American dream of life getting better for each new generation feels like a myth. A majority expect to have a harder time buying a house ...

Tagged with: future optimism recession students

NEW YORK CITY — U.S. shoppers' worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March. The decline, which followed a three-year high in February ...

Tagged with: consumer confidence Economy inflation recession spending

WASHINGTON, D.C. — Americans spent at the fastest pace in three years in 2010, boosted by a strong finish in December. Consumer spending rose 0.7 percent in December, the sixth straight monthly increase ...

Tagged with: Commerce Department consumer spending recession