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Recent "recession" Stories, Video and Galleries
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Ronald Regan's budget director David Stockman sat down with ABC7 News to explain his theory of the next possible economic crisis.
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Ronald Regan's budget director David Stockman sat down with ABC7 News to explain his theory of the next possible economic crisis.
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President Barack Obama is campaigning for what he hopes will be a grand bargain with Republicans in Congress.
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A new study reveals California state employees fared the recession much better than the private sector.
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A new study reveals California state employees fared the recession much better than the private sector.
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Kathlene Paul and her husband had a hard time getting a refund for overpaid bills until 7 On Your Side got involved.
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Kathlene Paul and her husband had a hard time getting a refund for overpaid bills until 7 On Your Side got involved.
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120,000 jobs were added in the U.S. last month, but that figure is about half what the Obama administration anticipated.
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120,000 jobs were added in the U.S. last month, but that figure is about half what the Obama administration anticipated.
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Since the recession is winding down, Americans are returning to their old spending habits and racking up credit card debt again.
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Since the recession is winding down, Americans are returning to racking up credit card debt again.
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Higher food and gas prices are making it tougher for food banks to feed the hungry.
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Higher food and gas prices are making it tougher for food banks to feed the hungry.
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The hottest thing in California these days may be the lotto, on track to hit a record high $4 billion in sales in the fiscal year ending in June.
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The hottest thing in California these days may be the lotto, on track to hit a record high $4 billion in sales in the fiscal year ending in June.
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Silicon Valley is leading the country out of recession according to the "2012 Silicon Valley Index" released Tuesday.
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Silicon Valley is leading the country out of recession according to the "2012 Silicon Valley Index" released Tuesday.
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ABC7's Dan Ashley sits down with everyday people from the Bay Area looking for solutions to put America's economy back on track. What is the fastest way to get people back to work? Can the housing crisis be solved quickly? Leading experts and everyday people address short-term and long-term fixes to get the economy on the road to recovery.
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Leading experts and everyday people address short-term and long-term fixes to get the economy on the road to recovery.
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In this economy, more people are unable to keep up with the rent and their belongings are being sold in auctions that draw huge crowds.
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In this economy, more people are unable to keep up with the rent and their belongings are being sold in auctions that draw huge crowds.
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Just how do you fix the lagging economy? ABC7 asked the people who know it inside and out.
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Just how do you fix the lagging economy? ABC7 asked the people who know it inside and out.
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ABC7 talked with everyday people about how they're being affected by the economy and what they see as the solutions.
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ABC7 talked with everyday people about how they're being affected by the economy and what they see as the solutions.
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A new report suggests higher home prices could come roaring back over the next six years.
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A new report suggests higher home prices could come roaring back over the next six years.
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A summer of modest economic growth is helping dispel lingering fears that another recession might be near.
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Some Americans seem to be postponing childbirth because of a lack of confidence in the economy.
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Some Americans seem to be postponing childbirth because of a lack of confidence in the economy.
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The Bay Area's 99 Percent group protested outside a Wells Fargo in Downtown San Francisco and 11 were arrested.
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A new economic forecast says state's growth is projected to be slow and unemployment will continue.
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Moms Against Poverty have embraced local families and ones overseas and are now throwing a large fundraiser.
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It turns out the foul economy may be bad for your baby's bottom line. We're talking about diaper rash.
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The labor department says the economy lost as many jobs as it created in August.
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A leading Bay Area economist says the economy is at the tipping point of falling into another recession.
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Thursday the Dow plunged again 419 points below the 11,000 mark which can make investors either numb or nervous.
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The Dow plunged again 419 points below the 11,000 mark which can make investors nervous.
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The current economic slowdown is often described as the worst since the Great Depression of the 1930s.
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An effort is underway to reverse the struggles facing minority-owned businesses in this tough economy.
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An effort is underway to reverse the struggles facing minority-owned businesses in this tough economy.
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We would like to hear how the economic downturn has impacted your life. Upload a video to uReport and send it in.
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San Francisco's Bernal Heights now has its own debit card to encourage people to shop in their community.
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San Francisco's Bernal Heights now has its own debit card to encourage people to shop in their community.
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A commencement ceremony at CSU East Bay is one of four that will unleash 5,000 new graduates into the rough waters of today's economy.
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A commencement ceremony at CSU East Bay is one of four that will unleash 5,000 new graduates into the rough waters of today's economy.
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Bay Area residents are seeing a vicious cycle in this bumpy economy that can't be broken.
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The opening of a new East Bay supermarket is a positive sign of an improving economy.
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There was a big turnout Wednesday for the opening of a new East Bay supermarket -- a positive sign of an improving economy.
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When the recession hit, developers in the South Bay were left with a lot of unsold luxury condominiums, but now there's a "Plan B."
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