Great Recession

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Report: ‘Rising Income Inequality’ Squeezing State Tax Revenue

The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor’s.

09/15/2014

US Executives Survey: 46 Percent Favor Technology Over Hiring New Employees (Photo by Oli Scarff/Getty Images)

US Executives Survey: 46 Percent Favor Technology Over Hiring New Employees

U.S. workers face a dim future, with stagnant or falling pay and fewer openings for full-time jobs.

09/08/2014

An American flag hangs over the New York Stock Exchange (Photo by Spencer Platt/Getty Images)

Federal Regulators Set Rules For Big Banks To Prevent Future Crisis

Federal regulators are set to require big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under the congressional mandate to lessen the likelihood of another financial meltdown.

09/03/2014

(Photo by NOEL CELIS/AFP/Getty Images)

Survey: 61 Percent Of Americans Say Great Recession Permanently Hurt Economy

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.

08/28/2014

A Federal Reserve report finds that Americans are continuing to struggle even five years after the Great Recession, with one-quarter of U.S. families saying they are “just getting by.” (credit: Justin Sullivan/Getty Images)

Federal Reserve Report: One-Quarter Of US Families ‘Just Getting By’

A Federal Reserve report finds that Americans are continuing to struggle even five years after the Great Recession, with one-quarter of U.S. families saying they are “just getting by.”

08/08/2014

The Citigroup logo on the side of the bank's headquarters which dominates the skyline at London's Docklands on Nov. 5, 2007 in Canary Wharf, London, England. (credit: Peter Macdiarmid/Getty Images)

Citigroup To Pay $7 Billion To Settle Probe Into Risky Subprime Mortgages

Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.

07/14/2014

In the report, “A College Degree is No Guarantee” from the Center for Economic and Policy Research, study authors Janelle Jones and John Schmitt find that the Great Recession has been difficult for all recent college graduates, but black graduates remain the hardest hit by unemployment.  credit: Christopher Furlong/Getty Images

Study: Black College Graduates Twice As Likely To Be Unemployed

In the report, “A College Degree is No Guarantee” from the Center for Economic and Policy Research, study authors Janelle Jones and John Schmitt find that the Great Recession has been difficult for all recent college graduates, but black graduates remain the hardest hit by unemployment.

05/27/2014

File photo of Ben Bernanke. (credit: SAUL LOEB/AFP/Getty Images)

‘I Want People To Understand What We Knew': Former Fed Chair Bernanke Writing Memoir

Ben Bernanke, who stepped down last month after eight years as chairman of the Federal Reserve, is planning a memoir.

02/24/2014

(Photo by Justin Sullivan/Getty Images)

Study: Half Of US Renters Pay More Than 30 Percent Of Income For Housing

A new study from the Joint Center for Housing Studies of Harvard University finds that nearly 50 percent of renters are “cost-burdened,” meaning they pay more than 30 percent of their income to rent housing. This is nearly double from the less than one-quarter of renters who paid that much in 1960.

12/09/2013

U.S. dollars (credit: Arif Ali/AFP/Getty Images)

Jobs Report To Help Show If US Economy Is For Real

The U.S. economy is growing faster, corporate profits are rising and companies are laying off the fewest workers in six years.

12/05/2013

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