Apr 03

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Unemployment Climbs to 8.5% in March

The nation's unemployment rate climbed to 8.5 percent in March, marking its highest level since 1983, as employers slashed a net total of 663,000 jobs, according to government figures released Friday.

Apr 01

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Text: Joint U.S.-Russia Statement

Following a meeting between President Barack Obama and Russian President Dimtry Medvedev in London ahead of the G20 economic summit, the following joint statement from the two leaders was released by the White House Press Office.

Question: What scenarios are associated with the G20 conference for the U.S. and global economy? Paul Solman: We want the rest of the world to spend more money stimulating their economies. Except for China, most countries seem to be…