Recessions And Depressions


SACRAMENTO, Calif. - Even as California lawmakers passed a budget Friday to end an unprecedented 100-day impasse, their spending plan looked to be so tenuous that the next governor was expected to face a multibillion dollar deficit from the moment he or she steps into office next year.

WASHINGTON - There's no relief from the jobs crisis - for everyday Americans or lawmakers facing the midterm elections.

WASHINGTON - The head of the International Monetary Fund on Friday urged global finance ministers to stop trying to manipulate their currencies for economic advantage and instead to join to save a fragile recovery.

WASHINGTON - Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.

SACRAMENTO, Calif. - California lawmakers finally sent a financially shaky budget to Gov.
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