NEW YORK — Stocks have closed sharply lower after investors sold stocks with abandon, convinced that the U.S. and the world are headed for a new recession. The Dow Jones industrial average fell as much as 527 points, the second ...

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NEW YORK — Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession. The Dow Jones industrial average fell ...

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Howard County Executive Ken Ulman spoke to reporters and and editors at The Daily Record in an exclusive interview about Maryland's broadband initiative, transportation issues and how the county is trying to bounce back from economic recession.

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WASHINGTON — Businesses added to their stockpiles in July for a 19th straight month and their sales increased by the most since March. The Commerce Department says business inventories rose 0.4 percent in July following a similar gain in June. ...

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NEW YORK — Wal-Mart is bringing back something its customers have been asking for since the Great Recession: layaway. The world’s largest retailer, which ditched the pay-as-you-go plans in 2006, is rolling out a holiday layaway plan from Oct. 17 ...

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NEW YORK — Parents have a new goal this back-to-school shopping season: Buy their kids the name brands they want without spending like it’s 2007. After the recession began in late 2007, cost-conscious consumers sought out the cheapest shirts and ...

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WASHINGTON — Service firms that employ 90 percent of the U.S. work force expanded at a slightly faster pace in August. But the sector remains too weak to help an economy that is barely growing and struggling to create jobs. ...

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CERNOBBIO, Italy — Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous cocktail of sluggish growth, eurozone dysfunction, and financial market volatility. ...

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WASHINGTON — Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession. The government also reported that the unemployment rate remained at 9.1 percent. It ...

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WASHINGTON — Worker productivity fell this spring more quickly than previously estimated and labor costs rose at a faster clip. The decline in worker output could mean that some companies need to hire if they want to meet growing demand. ...

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