WASHINGTON (Reuters) –The global economy is starting to pull out of its deepest recession since World War Two but recovery will be sluggish and policies need to remain supportive, the International Monetary Fund said on Wednesday.
BOSTON (Reuters) – U.S. chief executives took a slightly less grim view of the economy in the second quarter, but still plan to cut jobs and capital spending, according to a Business Roundtable survey released on Tuesday.
A recent poll conducted by the American Bankruptcy Institute (ABI) indicates that the country's bankruptcy professionals greatly disapprove of the Obama Administration's handling of the recent Chapter 11 filing by Chrysler LLC.