G-20 takes steps to
The Group of Twenty nations agreed in London Thursday to inject an additional $1.1 trillion into the world economy through the International Monetary Fund and to guarantee support for $250 billion in trade finance during the next two years to reverse the global recession.
U.S. jobless rate hits 8.5%
More than 663,000 Americans lost their jobs in March, bringing the nation's unemployment rate to a 25-year high of 8.5 percent, the Bureau of Labor Statistics reported Friday.