The outlook for UK housing improved slightly in June, but a sharp downturn in the economy could see the foundations of the British real-estate market start to crumble, the Royal Institute of Chartered Surveyors said Tuesday.

This week's problems at Fannie Mae and Freddie Mac are more evidence of a painful fact for the economy: the extent to which mortgage-related debt is exacerbating the current slide, and how it will prolong what more and more analysts are calling a recession.

Figuring out why states fared poorly in America’s Top States For Business 2008 takes a bit less work than determining why others did well.  It usually comes down to performance and scoring in three key categories, and they happen to be the three with the most impact on the weighting and the overall rankings. Here's the ten worst -- and why.

Figuring out why states fared poorly in America’s Top States For Business 2008 takes a bit less work than determining why others did well.  It usually comes down to performance and scoring in three key categories, and they happen to be the three with the most impact on the weighting and the overall rankings. Here's the ten worst -- and why.

The United States is heading for recession despite modest growth in the first half of the year, but strength in Germany is keeping European growth prospects a bit brighter, Fitch Ratings said on Thursday.

The number of U.S. workers filing new claims for jobless benefits dropped by a much bigger-than-expected 58,000 last week to 346,000.

Welcome to our second annual look at America’s Top States for Business—a study that shows you can’t sit still if you want to stay competitive.  Our study rates the states on the very selling points they use to attract business -- 40 metrics in ten categories.

Though they have finally begun using less gasoline, US consumers remain pretty much powerless to contain prices at the pump.

As employers hand out electronic devices to their employees at a greater pace, there are growing concerns that workers eligible for overtime pay, known as non-exempt employees, could begin suing their employers for overtime hours earned while tapping on their devices during after-work hours.

Fundamental pieces are in place for the lowering of oil's price, but until the dollar appreciates and speculators stop betting up the commodity it will remain at high levels, Stephen Schork, editor of The Schork Report, said on CNBC.

Rising commodity prices are threatening not only the United States but also economies from emerging nations across the globe, Pimco Co-CEO Mohamed El-Erian said on CNBC.

Gasoline prices will remain above $4 a gallon for the rest of the year, while oil prices will continued to be pressured by the tight market for crude, the U.S. Energy Information Administration said on Tuesday.

As the nation’s economy cools off, the race to attract jobs heats up.  Who’s winning?  CNBC and CNBC.com present our second annual look at America’s Top States for Business -- and it does show some notable changes from the 2007 results. 

German industrial conglomerate Siemens  plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.

To arrive at America's Top States for Business,  we scored all 50 states—using publicly available data—on 40 different measures of competitiveness., and then separated those metrics into the ten broad categories.