NEW YORK (Reuters) - Wall Street stocks rose on Thursday as a swift drop in oil soothed inflation fears, while an upward revision in a broad measure of U.S. economic growth suggested a recession may be avoided.

SAN FRANCISCO (Reuters) - The Federal Reserve is intent on not letting inflation spiral out of control, even as the economy teeters on the brink of recession, a top Fed policy-maker said on Tuesday, indicating that more interest rate cuts are not in the offing.

Susan Shell dreamed of buying into a nicer Portland neighborhood where she could enroll her son at Grant High. But the single mom wound up stuck with a subprime mortgage loan she can’t afford and can’t refinance, on a home she cannot sell. As recession grips other communities around ...

WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Thursday that regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge the country into recession.

WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Thursday that regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge the country into recession.

WASHINGTON -- The United States is headed for a recession, dragging world economic growth down along with it, the International Monetary Fund concluded in a sobering new forecast Wednesday that underscored the damage inflicted from the housing and credit debacles.

WASHINGTON -- The United States is headed for a recession, dragging world economic growth down along with it, the International Monetary Fund concluded in a sobering new forecast Wednesday that underscored the damage inflicted from the housing and credit debacles.

WASHINGTON (Reuters) - The gap between rich and poor in many states has broadened at a quickening pace since the last U.S. recession, which could make it difficult for low-income families to weather the current economic downturn, according to a report issued Wednesday.

WASHINGTON -- Worries about a deep recession _ not a shallow one _ drove Federal Reserve policymakers to slash a key interest rate last month, meeting minutes show.

NEW YORK (Reuters) - Stocks fell on Tuesday, after Washington Mutual Inc said it expects a large quarterly loss, raising concerns about results from the rest of the financial sector, while minutes from the Federal Reserve's latest meeting stoked fears of a recession.