A housing collapse paralyzed key segments of the economy and triggered a spike in bank failures. Nearly 9 million U.S. jobs were being lost, and consumer bankruptcies surged.
The Nasdaq, which peaked 14 years ago, could revisit its old high sooner than many investors think. Article; Comments. Email; Print; Reprints.
China will strengthen environmental-protection laws this year to ensure that polluters are held accountable for the damage they cause, the head of the nation's legislature said.
Former Federal Reserve Chairman Ben S. Bernanke said the U.S. economy should continue to recover, and he expects the central bank will continue to provide support to growth until the labor market is fully healed.
By Ulf Laessing and Feras Bosalum. TRIPOLI (Reuters) - Libya threatened on Saturday to bomb a North Korean-flagged tanker if it tried to ship oil from a rebel-controlled port, in a major escalation of a standoff over the country's petroleum wealth.