The economy grew more slowly than initially thought in the third quarter, according to data that hinted at a lackluster recovery.

President Barack Obama assured Americans that boosting jobs was a top priority, but gave no specifics about how to meet this goal that some economists say warrants more government spending.

Stocks snapped a three-day losing streak Monday after an encouraging report on existing-home sales and a pullback in the dollar.

"The dollar over the next year or two will tend to see downward pressure because our recovery will be fragile and uneven," says one economist.

A top industry analyst says the U.S. auto industry will recover only a little next year because of a weak economy.

Stocks rallied Monday after an encouraging report on existing-home sales and a pullback in the dollar.

President Barack Obama's December jobs forum may be better at serving his political need to show the White House cares about sky-high U.S. unemployment, than discovering new ways to cheaply boost economic growth.

Stocks opened higher Monday as the dollar pullled back and gold hit a new record above $1,170 an ounce. The Dow was up more than 100 points at the open and continued higher after a report showed a sharp jump in existing-home sales.

The ultralow interest rates the U.S. has been paying on its colossal debt may not last much longer, and the White House estimates that the tab will exceed $700 billion a year in 2019, the New York Times reported.

A holiday-shortened trading week begun with all signs pointing to a higher open for Wall Street on Monday, with the dollar weakening and gold hitting a new record high above $1,167 an ounce.

The tiniest U.S. small businesses, which led the broader economy into the past two recessions and are widely regarded as the best hope for job creation in any recovery, are showing signs of improved confidence and financial health, according to a new study.

For the first time in a decade, more people paid their credit card bills on time in the third quarter this year than in the second quarter.

Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010.

Beyond fiscal stimulus and government bailouts, the economic recovery that appears under way may be based on little more than self-fulfilling prophecy.

Battered by the recession, families are scaling back their holiday plans. Here’s why that’s a good thing.