Afghan widows wait to receive food relief rations from a CARE International distribution centre in Kabul.

Banks, battles, and the psychology of overconfidence

The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"

By Malcolm Gladwell in The New Yorker

Stimulus Part II

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Picture of the day - Thursday, 23 July 2009

Afghan widows wait to receive food relief rations from a CARE International distribution centre in Kabul.

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Picture of the day - Wednesday, 22 July 2009

Goldman risks outrage over big bonuses

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Picture of the day - Tuesday, 21 July 2009

A woman plants paddy seedlings at a field in Sonapur village, about 35 kilometres east of Gauhati, India

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Picture of the day - Monday, 20 July 2009

Study: U.K. Economy May Fall 7.5% In Worst Case Flu Spread

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Picture of the day - Friday, 17 July 2009

A Look Inside Fed's Balance Sheet -- 7/16/09 Update

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Picture of the day - Thursday, 16 July 2009

Why Africa depends on handouts?

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Picture of the day - Wednesday, 15 July 2009

THE global recession has failed to dampen philanthropic spirit, with many rich people increasing their charitable giving, according to a new report from Barclays Wealth.

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Picture of the day - Tuesday, 14 July 2009

The Daliang Wind Station located outside of Anxi in Gansu Province. China is now building six wind farms with a capacity of 10,000 to 20,000 megawatts apiece.

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Picture of the day - Monday, 13 July 2009

The convoy containing President Obama and his family arrive in Cape Coast, Ghana. Large crowds turned out to get a glimpse of the American leader

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Picture of the day - Friday, 10 July 2009

Berlusconi and Obama survey a government building destroyed by the April 2009 earthquake.

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Picture of the day - Thursday, 9 July 2009

Oxfam activists wearing masks of G8 leaders and dressed as chefs "cook the planet" in a fake cauldron as they stage a demonstration against the G8 summit in L'Aquila in front of the ancient Temple of Vesta in Rome yesterday.

$Oxfam activists wearing masks of G8 leaders and dressed as chefs \$

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Picture of the day - Wednesday, 8 July 2009

More than 100 environmental activists have climbed chimneys at coal-fired power stations in Italy to highlight the need for action on climate change

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Picture of the day - Tuesday, 7 July 2009

Sears Tower: New glass 'ledges' lead to high anxiety

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Picture of the day - Monday, 6 July 2009

Whatever happened to the food crisis?

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Picture of the day - Friday, 3 July 2009

U.S. Shifts Strategy on Illicit Work by Immigrants

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Picture of the day - Thursday, 2 July 2009

A worker operates the valves at the Al-Shiaaba oil refinery near the southern Iraqi city of Basra.

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Picture of the day - Wednesday, 1 July 2009

Photographers teamed up with Josh Duhamel, Mila Kunis, Emile Hirsch, and other rising stars to re-enact classic Depression-era films

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Picture of the day - Tuesday, 30 June 2009

Madoff Is Sentenced to 150 Years for Ponzi Scheme

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Picture of the day - Monday, 29 June 2009

Wall Street's biggest swindler, Bernie Madoff, will be sentenced on Monday, 29th of June, by a New York-based federal judge.

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Picture of the day - Friday, 26 June 2009

Will the US dollar remain king?

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Picture of the day - Thursday, 25 June 2009

A Picasso swordsman from 1969 fetched $11.5 million at Sotheby's Wednesday.

$A Picasso swordsman from 1969 fetched \$11.5 million at Sotheby's Wednesday.$

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Picture of the day - Wednesday, 24 June 2009

Two men jump from a bridge into the Yangtze river in Wuhan, in central China. China is sounding the alarm bell over its worsening water shortage as water supply is under greater pressure than ever, with the situation deteriorating until 2030

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Picture of the day - Tuesday, 23 June 2009

Where unemployment has hit hardest

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Picture of the day - Tuesday, 23 June 2009

Four of the Fords gathered for the Model T anniversary in 2008; from left: Henry Ford III, Elena Ford, Edsel Ford II and Bill Ford.

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Picture of the day - Monday, 22 June 2009

Brazilian Miners on Strike

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Picture of the day - Friday, 19 June 2009

The Housing Outlook

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Picture of the day - Thursday, 18 June 2009

The Largest Bankruptcies in History

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Picture of the day - Wednesday, 17 June 2009

The Trans-Mediterranean Renewable Energy Cooperation (TREC) is a network of scientists and politicians from various countries who have taken it upon themselves to solve Europe's energy problem...

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Picture of the day - Tuesday, 16 June 2009

A leading economist has warned China not to count on external demand for its recovery

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Picture of the day - Monday, 15 June 2009

Clashes in Iran

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Picture of the day - Friday, 12 June 2009

Study: Deforestation's Economic Boost Is Short-Lived

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Picture of the day - Thursday, 11 June 2009

The myth of "Made in China"

$The myth of \$

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Picture of the day - Wednesday, 10 June 2009

Which banks are repaying

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Picture of the day - Tuesday, 9 June 2009

A playful image from Redneck Bank, the newly renamed online division of Bank of the Wichitas.

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Picture of the day - Monday, 8 June 2009

Gert Wilders, the leader of the Dutch xenophobic "Party of Freedom"

$Gert Wilders, the leader of the Dutch xenophobic \$

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Picture of the day - Friday, 5 June 2009

Protesters run after police fired tear gas during clashes in Vigo, Spain. Hundreds of metal workers, most of whom work for shipbuilding companies, clashed with riot police during a strike to demand a new wage agreement.

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Picture of the day - Thursday, 4 June 2009

Bankruptcy filings rise to 6,000 a day

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Picture of the day - Wednesday, 3 June 2009

Australia able to avoid recession

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Picture of the day - Tuesday, 2 June 2009

Once an American icon

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Picture of the day - Monday, 1 June 2009

G.M. was incoporated on Septemper 16th, 1908, by William C. Durant

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Picture of the day - Friday, 29 May 2009

Ticketholders line up to hear former U.S. president Bill Clinton speak about the global economy in St. John's.

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Picture of the day - Thursday, 28 May 2009

Photographer David Bowman's images explore GM's Fairfax Assembly Plant in exquisite detail

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Picture of the day - Wednesday, 27 May 2009

GM CEO Fritz Henderson: The auto maker is expected to file for bankruptcy protection before Monday.

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Picture of the day - Tuesday, 26 May 2009

Piper David Wilton plays during the opening ceremony of Europe's biggest onshore wind farm, Whitelee Windfarm, on the outskirts of Glasgow, Scotland.

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Picture of the day - Friday, 22 May 2009

China hopes that its plans to spend $480 billion over the next several years on infrastructure projects will ease the economic slowdown which has already forced thousands of factories to close and layoff around 20 million workers.

$China hopes that its plans to spend \$480 billion over the next several years on infrastructure projects will ease the economic slowdown which has already forced thousands of factories to close and layoff around 20 million workers.$

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Picture of the day - Thursday, 21 May 2009

S&P Lowers Britain's Debt Outlook

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Picture of the day - Wednesday, 20 May 2009

Graduate Nate Weiner wears a special message during commencement ceremonies at the University of Pennsylvania in Philadelphia.

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Picture of the day - Tuesday, 19 May 2009

With Jobs Scarce, Age Becomes an Issue

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Picture of the day - Monday, 18 May 2009

U.K. Parliament Speaker Faces Pressure to Resign

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Picture of the day - Friday, 15 May 2009

Is the "Old Europe" so much in distress?

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Picture of the day - Thursday, 14 May 2009

Pfizer offers free Viagra, Lipitor and other drugs to uninsured, jobless Americans

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Picture of the day - Wednesday, 13 May 2009

This year's Cannes film festival opens on Wednesday, but studios and other entertainment bigwigs have been cutting back due to the recession.

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Picture of the day - Tuesday, 12 May 2009

China's foreign trade down for sixth month

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Picture of the day - Monday, 11 May 2009

There Is a Specter Haunting Europe (and US); It Is the Specter of Colbertism.....

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Picture of the day - Friday, 8 May 2009

A RE/MAX Central bus advertises tours of foreclosed homes March 7, 2009 in Las Vegas, Nevada. The real estate group began giving tours for prospective buyers three times a week in February 2008, in an effort to clear inventory of foreclosed properties. Th

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Picture of the day - Friday, 8 May 2009

Obama's plan to overhaul how foreign income is taxed has caused an uproar

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Picture of the day - Thursday, 7 May 2009

Central Banks'World Gold Holdings

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Picture of the day - Wednesday, 6 May 2009

To help counteract the downturn, the Chinese government has crafted a $586 billion stimulus package to provide resources for job training and food vouchers.

$To help counteract the downturn, the Chinese government has crafted a \$586 billion stimulus package to provide resources for job training and food vouchers.$

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Picture of the day - Tuesday, 5 May 2009

House hunting? It's not a buyer's market everywhere

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Picture of the day - Monday, 4 May 2009

Who is gonna pay the the butcher's bill?

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Picture of the day - Thursday, 30 April 2009

Swine flu cases and precautions around the world (interactive map)

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Picture of the day - Wednesday, 29 April 2009

NASCAR racing and Pontiac had a great history. GM says it will cut 21,000 U.S. factory jobs by next year and phase out its Pontiac brand.

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Picture of the day - Tuesday, 28 April 2009

Consumer confidence soars in April

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Picture of the day - Monday, 27 April 2009

Photographs of bankers who left Iceland after the financial crisis have a new use in the restroom of a bar in Reykjavik, the capital.

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Picture of the day - Friday, 24 April 2009

In Gacheon, South Korea, workers from Ssangyong Motor Co and its Chinese majority shareholder have their heads shaved as part of a protest against job cut.

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Picture of the day - Thursday, 23 April 2009

The Conservatives commissioned this unusual critique of Labour's handling of the economy - a piece of pavement art outside the Treasury in Whitehall entitled "Labour's £1 trillion Black Hole"

$The Conservatives commissioned this unusual critique of Labour's handling of the economy - a piece of pavement art outside the Treasury in Whitehall entitled \$

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Picture of the day - Wednesday, 22 April 2009

Bottle battle: a waste disposal worker sorts through plastic at a dump in Shenyang, northeast China

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Picture of the day - Tuesday, 21 April 2009

UK: beverage costs are lower, as fruit, vegetables and bread

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Picture of the day - Monday, 20 April 2009

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Picture of the day - Thursday, 16 April 2009

Auctioneer Kirk Williams, the operator of Col. Kirk's Auction Gallery, seeks bids at a grocery auction in Dallas, Pennsylvania, one of many such auctions that have sprung up in the months since the American economy began to sour.

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Picture of the day - Wednesday, 15 April 2009

The Maid of the Mist at the base of Niagara Falls. The visitor center at Niagara Falls State Park in New York will cut its hours and days of operation.

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Picture of the day - Tuesday, 14 April 2009

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Picture of the day - Friday, 10 April 2009

An electric two-seat prototype vehicle being developed by General Motors and Segway takes a test drive in Times Square in New York.

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Picture of the day - Thursday, 9 April 2009

A homeless man pulls his cart filled with possessions and goods for recycling on March 18 in Osaka, Japan.

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Picture of the day - Wednesday, 8 April 2009

Faith-based Economics

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Picture of the day - Tuesday, 7 April 2009

Banks were not being wholly rational in their decisions about whether to provide vital credit to the supplicant businesses.

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Picture of the day - Monday, 6 April 2009

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Picture of the day - Friday, 3 April 2009

Jobseekers line up to apply for positions at an American Apparel store in New York.

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Picture of the day - Thursday, 2 April 2009

Workers prepare to hang a portrait of British Prime Minister Gordon Brown beside portraits of U.S. President Barack Obama and Chinese President Hu Jintao for the G20 Summit Leaders Portrait Exhibition at the Beijing Bridge Art Centre.

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Picture of the day - Wednesday, 1 April 2009

A protester throws a computer terminal taken from the Royal Bank of Scotland offices at the smashed windows of its branch near the Bank of England

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Picture of the day - Tuesday, 31 March 2009

Lego miniatures of G20 London summit

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Picture of the day - Monday, 30 March 2009

Is the world expecting any good from the London G-20 meeting?

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Picture of the day - Friday, 27 March 2009

Invigorated by the crisis, Brazil's president says he's praying for Obama

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Picture of the day - Thursday, 26 March 2009

Pension Funding Gap Deteriorates in February

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Picture of the day - Wednesday, 25 March 2009

President Barack Obama on his way to a press conference

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Picture of the day - Tuesday, 24 March 2009

Amounts of money committed in financial support for banks

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Picture of the day - Monday, 23 March 2009

Details on the Republican and Democratic representatives who voted against the $700 billion financial bailout plan.

$Details on the Republican and Democratic representatives who voted against the \$700 billion financial bailout plan.$

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Picture of the day - Friday, 20 March 2009

A hardening of street protests in France worries the government

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Picture of the day - Thursday, 19 March 2009

AIG chairman Edward Liddy looks at CodePink protesters as he arrives to testify on Capitol Hill in Washington

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Picture of the day - Wednesday, 18 March 2009

On the job front, this is no Great Depression. Not even close

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Picture of the day - Monday, 16 March 2009

How to restart the engine?

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Picture of the day - Monday, 16 March 2009

The Madoff List, with all his victims

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Picture of the day - Friday, 13 March 2009

Switzerland eases banking secrecy

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Picture of the day - Thursday, 12 March 2009

U.S. State-by-State Unemployment Levels

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Picture of the day - Wednesday, 11 March 2009

Is the US heading for a depression?

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Picture of the day - Tuesday, 10 March 2009

The International Monetary Fund has announced a lower global growth in 2008

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Picture of the day - Monday, 9 March 2009

The world's poor will be left to fend for themselves as rich nations cope with budget pressures.

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Picture of the day - Thursday, 5 March 2009

China faces daunting problems, but Wen Jiabao makes it clear that transparency is not the answer

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Picture of the day - Wednesday, 4 March 2009

How Nasdaq's bail-out index measures up to the S&P 500

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Picture of the day - Tuesday, 3 March 2009

Four Bad Bear Markets

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Picture of the day - Monday, 2 March 2009

A.I.G. Reports Loss of $61.7 Billion

$A.I.G. Reports Loss of \$61.7 Billion$

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Picture of the day - Wednesday, 18 February 2009

Obama Signs Stimulus Bill

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