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Summers said there were signs of improvement from a year ago but that much work remained to right the economy
After a run to record highs in 2008, the worst economic slump in decades kept a lid on grain prices last year
Global stocks rose to seven week highs on Friday led by bank shares after talks on US banking reform collapsed
Tuesday will mark the first anniversary of the stock market's slide to 12-year closing lows
People's Bank of China head Zhou Xiaochuan emphasised that a healthy dollar was vital to the workings of the global economy
Madoff is serving a 150-year term in a US prison after pleading guilty last year to a worldwide Ponzi scheme
The surprising growth of US stock trading venues is set for a pruning as regulators prepare to tighten controls on so-called dark pools
Obama's focus on jobs comes as Democratic lawmakers work to get a job-creating bill through Congress
Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman
The president is trying to boost Reid, a Nevada Democrat who trails potential Republican opponents by double digits in opinion polls
Indian-American professor Gopi Podilla, Chairman of the biological sciences department, was shot dead by Amy Bishop
US can't be the consumer engine for the entire world while America is racking up more debts
As many as two lakh Indians are living illegally in the United States, a latest official report on illegal residents for the year 2009 has claimed
Monthly performance numbers are closely watched in the loosely regulated $2 trillion hedge fund industry
US manufacturers complain China's currency policies give local companies an unfair advantage
Toyota has stopped selling eight models in the United States and Canada, including its popular Camry and Corolla, because of possible unintended acceleration
