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The United States is entering a much needed economic recovery. The worst of the recession is over. (Keep an eye out for articles this week detailing why that assertion is correct.) Unfortunately, the economic mood deteriorated last week as investors began to question whether the …

The unemployment rate in the United States rose to 8.9% in April after losing 539,000 jobs. While the report isn’t as bad as some feared, it just proved that the recession is as bad as 1983, when the percentage of jobless in the country was …

In a show of solidarity behind the President-elect, Congress voted for infusing the financial system with the remaining $350 billion just two days after Obama asked them to.
From the AP:
Congress laid the foundation for President-elect Barack Obama’s economic recovery plan on Thursday with remarkable speed, …