If the Yankees win the World Series the economy will have a nice bounce back in 2010 but if the Phillies prevail it will be a long slog to recovery, according to a Real Time Economics analysis of...

Amid criticism about the government’s handling of the financial crisis, two economists from the University of Chicago — a school not exactly known for its endorsement of government intervention...

Along with Thursday’s GDP report, the Department of Commerce offered an important clue to answering one of the biggest questions hanging over the U.S. economy: How quickly U.S. consumers can...

Mervyn King, governor of the Bank of England, says the solution to banks that are “too big to fail” is to have smaller banks. But Ben Bernanke, chairman of the U.S. Federal Reserve, says he...

U.K. gross domestic product contracted 0.4% in the third quarter from the second quarter, according to the first official reading. This dashed hopes of a return to positive growth, and marks the...