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The eurozone is officially back in recession after three years of sluggish growth as the sovereign debt crisis continues to impede recovery. Figures out today (15 November) show that gross domestic product in the 17-country eurozone decreased by 0.1% between July and September after contracting by 0.2% in the three months before that. …

WASHINGTON - The bleak truth about the comatose Obama economy is not just that it's barely breathing, but that it's still not far from another recession. President Obama's campaign bid for another four years is loosely based on the preposterous claim the economy is "moving forward." In fact, it's been falling backward or at least treading water on a number of fronts, and economic forecasters say it will weaken further under his policies, if he is re-elected. Economists predict yet another weak jobs figure Friday that may push the unemployment rate up a bit, reminding undecided voters and even jittery...

(CNNMoney) -- Spain has fallen into its second recession since 2009 as its economy shrank for the second consecutive quarter, according to a government report Monday. There are now a dozen European nations that have had their economies shrink for two consecutive quarters, a condition that generally equates to a recession. The Spanish economy, struggling with the aftermath of the bursting of a housing bubble, has been particularly hard hit by the economic turmoil rolling across Europe. On Friday, the government reported that Spain's unemployment rate hit record high of 24.4%.

GOP rep: Obama's 'in deep doo-doo' By Bridget Johnson - 08/07/10 01:08 PM ET Rep. Dan Burton (R-Ind.) said Friday that "a lot of people want to jump off" and follow Christina Romer out of the Obama administration. "When you see a ship starting to sink, a lot of people want to jump off," the congressman said on Fox Business Network. "And she is one." Romer, chairwoman of the president's council of economic advisers, announced Thursday that she was leaving Washington and returning to an economics teaching job at the University of California at Berkeley. "This president is in deep...

Banking on a sustained recovery, some investors are switching out of corporate bonds into dividend-paying stocks, but if a second recession ensues, those bets could turn bad. In a double-dip recession, which some analysts fear may happen next year, more companies may be forced to start cutting dividends, as happened in the recent economic crisis. If that went hand in hand with steep falls in stock prices, corporate bonds might be a safer place to be than dividend stocks, especially if inflation were subdued, analysts said. "If you get a sell off, the stability of that dividend will be put...