downturn

Asian stock markets were mostly lower Thursday amid new signs of pressure on Europe's banking system and a downturn on Wall Street.

Europe's festering debt crisis is adding to strains on China just as the country is pricking its property bubble and facing a manufacturing downturn, limiting the ability of the world's No. 2 economy to prop up global growth.

Car manufacturers might still be struggling to emerge from the depths of the industry’s worst downturn since the Great Depression, bu

In Mario Draghi's first meeting as president, the bank lowered Europe's benchmark rate to 1.25 percent amid gloomy economic reports and tension over Greece.

The former wife of the media magnate John Kluge is in bankruptcy after losing millions in a risky winery venture in Virginia.

Flagging output, a sovereign debt maelstrom and market tumult have people wondering if Europe can sustain its recovery.

Japan's industrial production rose for a second straight month as factories continued to recover after the sharp downturn from the March 11 earthquake and tsunami, the government said Wednesday.

Despite rising fares and multiple fees, carriers have managed to keep their planes full. But there are signs the situation may cool after a hot summer vacation season.

NYT: The closely watched Standard & Poor’s/Case-Shiller index is expected to show that house prices fell in March to a new low for the current downturn.