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The Picture Isn't Pretty For Some Kodak Retirees

Kodak, the film pioneer, is struggling to turn a profit in the digital age. That has thousands of Kodak retirees wondering what that means for their retirement finances.

Famine-Stricken Somalia Suffers From Aid Drought

Humanitarian groups are increasingly worried about the looming budget cuts in U.S. foreign assistance. They argue that lives are at stake in places like the Horn of Africa, which is suffering its worst drought in decades. Raising public and private money for the crisis is a challenge in the current economic environment.

Does Dexia's Collapse Herald A Wider Banking Crisis?

Until now, the eurozone debt crisis has been confined to countries on the continent's periphery — like Greece, Spain and Ireland. But that may be changing with the collapse of a bank at the core of the eurozone. While some call Franco-Belgian lender Dexia's demise an exception, others say it is a wake-up call for all European banks.

Jobs Bill Defeated Despite Presidential Push

Ever since President Obama proposed his $447 billion jobs bill in a joint address to Congress last month, he has been campaigning for it nonstop. But Senate Republicans voted Tuesday to kill the measure. Now Democrats hope to consider the proposals piece by piece.

Across The Nation, 'Wall Street' Protests Continue

The "Occupy Wall Street" protest movement that was born in New York's financial district is now in its fourth week and has spread to scores of other cities. The affiliated protests continue in Boston, Chicago and Los Angeles.

Will N.H. Debate Help Perry Polish Tarnished Star?

The Republican presidential candidates will get together in Hanover, N.H., for a debate to focus on the economy Tuesday night. The Republican field appears to be set now that Sarah Palin and Chris Christie both decided not to run. The old front runner, Mitt Romney, is the new front runner. And Rick Perry, who came into the race at the top of the polls, has lost about half of his support.

Recession Nips At The Heels Of A Slow-Poke Recovery

Since January, the U.S. economy has been hit by a series of external shocks that brought a modest recovery nearly to a halt. The slowdown, however, may have been under way even before the shocks took place.

Nobel For Economics Awarded To Two U.S. Professors

Two professors from U.S. universities shared the Nobel Prize in economics. Thomas Sargent of New York University, and Christopher Sims of Princeton were announced Monday as the winners. The two are sharing the prize for their research into policy tools and their effects on the economy.