The U.S. auto market is just a couple million units short of reaching pre-recession levels.

Four of top six lenders reported first-quarter losses totalling more than €300m, reflecting extent to which 10 quarters of recession have hit net interest margins

By AlphaVN Research:The fundamental story surrounding the eurozone reflects a region where countries are either falling into recession or already there. GDP data released last week showed France and Italy continuing to contract and Germany on the bri

Many baby boomers have had their confidence rocked by the volatility of the stock market.Call it retirement anxiety, or maybe recession obsession.    

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) is at 130.2, down slightly from last week's 131.0. The WLI annualized growth indicator (WLIg) dropped to 7.0% from 7.4% last week, an upward revision from 7.3%. Last year

ByRichard Cox:Euro bears continue to see mounting evidence supporting their positions, with the latest example coming with this week's release of GDP data. On a quarterly basis, total output figures in the eurozone fell by -0.2% (slightly worse than

Italy's new government took its first concrete steps, announcing $3.86 billion in economic measures aimed at offering relief to households and workers amid the country's longest postwar recession.

As Europe ends another week comfortably in the green (near all-time highs) - the short answer - not many...as the region's longest recession in history rolls on...     Chart: Goldman Sachs    

LONDON (Reuters) - A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.

A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.

MADRID, May 17 (Reuters) - Spanish energy regulator CNE on Friday accused three oil companies of colluding to hike fuel prices at the pump to protect their profits during a period of steep falls in demand in the midst of a deep recession.

Consumer sentiment perked up in May to its best readinf since July 2007, according to a survey released Friday, helped by falling gasoline prices, a rising stock market and firmer housing prices.

Spain's King Juan Carlos is giving up a 21-million-euro ($27 million) yacht named Fortuna, officials say, as his subjects weather a biting recession and record unemployment. The 41.5-metre (136-foot) yacht was donated in 2000 by a business group but

Spain's King Juan Carlos is giving up a 21-million-euro ($27 million) yacht named Fortuna, officials say, as his subjects weather a biting recession and record...

Boomers lost a significant chunk of their retirement nest eggs in the recession, but it was members of Generation X who were really hit the hardest, according to a report released Thursday.

TUC says rise despite recession, which many feared would halt flexible working practices, shows this way of working has become essential to market

History is repeating    

As his country slid back into a recession, President François Hollande of France promised new measures to lower unemployment and coordinate economic policies in the euro zone.    

In a blogpost taking stock of the IMF conference on lessons from the crisis, the Nobel laureate distills the lessons learned.]]>He makes the following observations: Not only are financial recessions deeper and slower in recovery than in normal recess

Airports will be crowded this summer and empty cabin seats extremely rare as Americans take to the skies in numbers that are expected to edge closer to the pre-recession peak.    

America is almost halfway into a post-recession Lost Decade, but investors couldn't be happier.

We all know the expression "life happens." It's meant to be a comforting reminder that no matter what goes wrong, there are simply some things that are out of our control.  But in the face of major events like the Great Recession, the resulting

ONE euro crisis may be over, but another has begun. The single currency is no longer under siege in financial markets, but it will not prove politically viable unless growth returns. Any residual hopes of an early recovery were dashed by GDP figures

WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday.    

GENOA, Italy (Reuters) - A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business.

A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business.

A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business.

The 17-nation Eurozone economy shrinks 0.2% in the sixth straight quarter of contraction. Fiscal tightening is blamed in Southern Europe for crippling demand.WASHINGTON — Europe's recession stretched into the first three months of the year, mak

SYDNEY, May 16 (Reuters) - Most stock markets in Asia edged up on Thursday after solid growth data from Japan improved sentiment, although Tokyo's Nikkei lagged, while worries about a prolonged recession in the euro zone kept the common currency unde

SYDNEY, May 16 (Reuters) - Most stock markets in Asia edged up on Thursday after solid growth data from Japan improved sentiment, although Tokyo's Nikkei lagged, while worries about a prolonged recession in the euro zone kept the common currency unde

SYDNEY (Reuters) - Asian shares got off to a positive start on Thursday after data showed Japan's economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in the doldr

SYDNEY, May 16 (Reuters) - Asian shares got off to a positive start on Thursday after data showed Japan's economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in t

SYDNEY, May 16 (Reuters) - Asian shares got off to a positive start on Thursday after data showed Japan's economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in t

SYDNEY, May 16 (Reuters) - Asian shares got off to apositive start on Thursday after data showed Japan's economyaccelerated in the first three months of the year, in contrastto an enduring recession in the euro zone which was keeping theeuro in the d

SYDNEY, May 16 (Reuters) - Asian shares got off to a positive start on Thursday after data showed Japan's economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in t

At best the eurozone’s third-largest economy would see a bottoming out of its longest postwar recession in the final quarter of 2013, some say

The leaders of France and the European Union's executive body said the euro zone should remain open to relaxing budget restrictions in tough economic times after preliminary data showed France has slipped into a recession.

Company says numbers show "strongest credit health since the recession."

PARIS — The recession across the economy of the 17 European Union countries that use the euro extended into its sixth quarter – longer than...

Stock futures declined on Wednesday morning as Mr. Market digested news that the euro zone remained mired in recession in the first quarter....

WASHINGTON -- The Eurozone economy contracted at a 0.2% annual rate in the first three months of the year, marking the region's longest recession since its single currency was created in 1999.    

Euro-Zone Recession Extends Into 2013 (WSJ) Economic output contracted in the euro zone for a sixth-straight quarter, as a slight recovery in Germany failed to offset recessions in France and Italy. The report underlines a challenge facing European p

Confirming that in a world in which either commercial or central banks have to be constantly churning out debt, and in a world in which Europe is doing neither (with commercial loans posting sequential declines across the board, and the ECB's balance

NEW YORK (TheStreet) -- On May 6, I wrote Europe was in danger of falling into a permanent recession -- a depression.Now, the European statistical agencies report France joined Italy and Spain's recessions during the first quarter, and economic activ

Once a beacon, Obama under fire over civil liberties (Reuters) Eurozone in longest recession since birth of currency bloc (FT) EU Oil Manipulation Probe Shines Light on Platts Pricing Window (BBG) BMWs Cheaper Than Hyundais in Korea as Tariffs Crumb

Wall Street Breakfast Editors submit:Top StoriesFrench economy slips into recession. France slid into recession during Q1 as the French economy contracted 0.2% Q/Q after shrinking by the same amount in Q4. With unemployment at record levels and Presi

* Czech economy shrinks 0.8 pct, deepening lengthy recession

* Czech economy shrinks 0.8 pct, deepening lengthy recession