Sixteen months into this recession, the total number of jobs lost is nearly twice what it was during the last big recession from 1981 to 1982, and experts predict the American economy has not yet hit bottom. As more workers get laid off each month, adding to the millions still searching for work, more people are collecting unemployment checks than at any time in U.S. history.
Clear-plastic ballot boxes were nearly as empty as Port-au-Prince's unusually deserted streets Sunday as few voters turned out for Senate elections in which candidates from a major populist party were not allowed to run.
The gleaming shopping mall has everything you could ask for: brand-name outlets such as Timberland and Puma, a garishly colored food court and a courtyard with one of those nifty dancing water features.
Zimbabwe's central bank governor admitted Monday that he took hard currency from the bank accounts of private businesses and foreign aid groups without permission, saying he was trying to keep his country's cash-strapped ministries running.
The number of people receiving jobless benefits exceeded 6 million for the first time, the government reported Thursday, and housing construction unexpectedly plunged to its second-lowest level on record — fresh evidence that the recession is far from over.