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NBER Makes It Official: Recession Started in December 2007

Official recession watchers at the NBER said today that the U.S. is recession, and it began in December 2007. Here is the text of their statement. The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. …

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Election 2008 »

Obama eyes 'strong opinions' for security team

President-elect Barack Obama today announced Sen. Hillary Clinton as his pick for secretary of state, calling her an "American of tremendous stature who will have my complete confidence." Obama also confirmed that he is keeping Defense Secretary Robert…

19 hours ago in http://cnn.com
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