... the job situation would stabilize anytime soon," said Sung Won Sohn, economist at the Martin Smith School of Business at California State University. "This could turn out to be one of the worst economic setbacks since the Great ...

WASHINGTON Struggling to contain the worst financial crisis in seven decades, the Obama administration wants to buy billions of dollars of toxic assets from banks to ease borrowing for consumers and businesses.

... cut jobs and trim fats to stay lean and mean," said Sung Won Sohn, economist at the Martin Smith School of Business at California State University, Channel Islands. So far, the public has shown great hopes for the economic policies of ...

... period in this country if trends continue," said Sung Won Sohn, chief economist at the Martin Smith School of Business at California State University. "With economic conditions getting worse and not better, the risk of deflation is ...

... from now because things are going to get much worse," said Sung Won Sohn, an economist at the Smith School of Business at California State University. In more grim economic news released Thursday, the number of newly laid-off workers ...