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Increasing unemployment has contributed to a plunge in US consumer confidence, which fell for the second consecutive month, according to...

New forecasts issued by the US Federal Reserve indicate that the central bank believes the recession will ease, predicting a contraction...

World Bank President Robert Zoellick has warned that the global economy is still precariously placed, despite signs of recovery. "The...

More than 5,600 accommodation jobs have gone in six months due in part to the Rudd government's neglect of the tourism industry, said...

The global economy will contract by about three percent this year according to the World Bank,  a figure almost double their...