Goldman Sachs now expects US unemployment to hit 15%

After a dismal winter, China's economy is showing signs of life. But a recovery in Asia won't paper over problems in the United States and Europe as the world sinks into recession.

Goldman Sachs now expects US unemployment to hit 15%
After a dismal winter, China's economy is showing signs of life. But a recovery in Asia won't paper over problems in the United States and Europe as the world sinks into recession.