UPS chief talks about recession risk
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The chief executive of UPS Inc. said Wednesday that the country is at increased risk of falling into a recession and it's not clear when the economy will rebound.
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The U.S. economy has entered a recession that will be more painful and drawn out than the usual downturn, the director of the Reuters/University of Michigan consumer sentiment survey said on Friday.
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Ford's chief executive says he is worried about the slowing US economy, and he may cut output as a result.
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Michael L. Eskew, chairman and chief executive of United Parcel Service, discussed friction with some of his franchisees, advancing technology and the Christmas season.
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Former Federal Reserve chairman Alan  Greenspan was quoted as seeing a "one-third probability" of  recession in the United States this year, according to an  interview with Bloomberg.
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An unusually high degree of risk  taking across asset classes made recent financial market  turmoil all but inevitable, former Federal Reserve Chairman  Alan Greenspan said on Sunday.
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Business & money: The Bank of England's labour market expert explains why we should not worry about the pace of rising pay
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Former Treasury Secretary Lawrence Summers said on Sunday the risks of a recession are greater now than at anytime since the September 11 attacks due to real estate and mortgage market troubles.
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Former Federal Reserve Chairman Alan Greenspan on Thursday said the U.S. economy is "clearly on the edge" of a recession.
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The head of the International Monetary Fund on Monday warned that an "earthquake" in credit markets may have been so severe the global economy tips into recession, ending a five-year boom.
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How secure are you in your job if the economy tanks? Three employment experts offer frank advice on how to stay recession-proof.
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Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.
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The probability of the U.S. economy  sliding into a recession is now over 50 percent, but it is not  a sure thing, National Bureau of Economic Research President  Martin Feldstein said on Thursday.
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DANA POINT, California  - Apparel retailers may be facing a doom-and-gloom sales environment in the near future, but many are anxious to prove to a skeptical marketplace they have got what it takes to be recession-proof.
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Inflation is still the greatest risk to  the U.S. economy, and policy-makers will not hesitate to raise  interest rates again if incoming data shows it is necessary,  Dallas Federal Reserve Bank President Richard Fisher said on  Wednesday.
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Business & money: Fed chair says downturn will worsen before it improves and pledges action over sub-prime mortgage abuse.
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ATLANTA -- UPS Inc., the world's largest shipping carrier, is seeking more job cuts on top of 1,200 positions in its logistics unit it previously said it would cut.