I served in the Obama and Biden administrations and saw excessive risk-taking by these enterprises help bring about the 2008 ...
I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout the ...
The Great Recession’s witch’s brew of despair was my beat at the Dayton Daily News, and for years I reported on unemployment, neighborhood decay and industrial losses. Over time I learned that this ...
Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging ...
The shadow of 2008's recession looms large both for Gen Zers who barely remember it and boomers who suffered big losses.
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The last two recessions before the pandemic show that the ...
The Conference Board Leading Economic Index (LEI) has fallen 13.1% from its record high in December 2021, its sharpest decline since the Great Recession. Historically, whenever the Conference Board ...
It was the biggest bank failure in American history: On September 25, 2008, the federal government took over Washington Mutual, selling the majority of the enormous savings and loan provider’s assets ...
“Don’t panic!” That’s usually the best way to get people to panic. The Great Recession of 2007 to 2009 is a blur. It was surreal. It was bleak. It was traumatic. Like any painful experience, it’s ...
Are you worried about a possible recession next year? It's understandable given some of the discussion going on about the economy these days. But even if it happens, that's not necessarily a reason to ...
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