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Mesa police are asking for the public's help in identifying the man pictured here.
NEW YORK - As the American economy slowed to a crawl and stockholders watched their money evaporate, CEO pay chugged to yet more dizzying heights last year, an Associated Press analysis shows.
Rick Wagoner, chairman and CEO of General Motors, speaks at the North American International Auto Show in Detroit Jan. 13.
Living Through Recession Workshop
James Scott is just one of about 7 million Americans planning to weather the recession this year in part by growing his own food. Scott, a Gilbert resident and father of four, said he was already an avid gardener.
FREE FOOD: James and Akemi Scott of Gilbert are supplementing their diet by eating food from their own garden. “Anything I can grow out of the ground is free,” James Scott says.
WASHINGTON - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.
Has Arizona entered a recession? Prominent economists who monitor the state’s economic landscape are answering with a firm “yes” these days. And they say it’s likely to be awhile before the state returns to its normal growth mode.
The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole, a survey of all 50 state fiscal directors concludes.
WASHINGTON - For the first time, Federal Reserve Chairman Ben Bernanke acknowledged the U.S. could reel into recession from the powerful punches of housing, credit and financial crises. Yet, he was coy about the Fed's next move.
Three in four of you reading this believe the United States is in a recession. That’s according to a poll by Reuters News Service and New York-based, Zogby International.
WASHINGTON - President Bush said Thursday the country is not recession-bound and, despite expressing concern about slowing economic growth, rejected for now any additional stimulus efforts. "We acted robustly," he said.
“The first thing that goes through your mind is panic. You worry about telling your spouse. You play it out in your mind. What kind of options do you have? What can you sell or leverage?”
The media have reported many stories in the past week that confirm my suspicions, and lead to only one conclusion: There really has been no recession.
The Gilbert Unified School District governing board agreed Tuesday with district leadership’s plans to keep recess for kindergarten through fifth grade as unstructured time.
The recession is over? Wow, I did not know. Now maybe I can find a bigger box to live in.
Good news, kids: The recession hasn't bitten the tooth fairy.
Mesa Mayor Scott Smith participated in a forum Thursday in Washington, D.C., to discuss the impact of the recession on local governments. The forum, called Fiscal Challenges Facing Cities: Implications for Economic Recovery, covered creative approaches some communities have taken during the downturn.
NEW YORK — The Great Recession has turned into the best of times for young investor Daniel Lee.
In this Oct. 2, 2009, photo, Irvin Hall looks over the newspaper at home in Allen Park, Mich. Hall, a former tradesman at an auto assembly plant near Detroit, retired seven years ago, thinking he had his future planned out. Then the markets collapsed. His mutual fund investments plunged 35 percent, and his GM pension decreased by 10 percent. "I just don't see things improving for older people," Hall said. "The golden years aren't going to be so golden."
Investor Daniel Lee, 30, poses for a photo in Scottsdale Monday, Oct. 5, 2009. Lee has taken advantage of the recession by putting all his spare money into the stock market, tripling the value of his portfolio.
Linda Turley-Hansen: All of us have been touched by the terrifying reality of the pink slip, either in our households, extended families, neighborhoods or perhaps to our own employees.
National publications and news stories may be declaring the recession at an end, but Arizona economists say it is too early to pop the champagne corks here.