Great Recession

GE Touches 9-Year Low, Dipping Below $12 for First Time Since Great Recession

2018 has been a year for General Electric (GE) fans to forget.<p>The industrial giant reached a new 9-year low Wednesday, Aug. 15, briefly falling below …

Stock Markets

112 – Larry Ball on the Lehman Brothers Collapse and Its Role in the Great Recession by Macro Musings - Listen to music

Lehman Brothers

The Great Recession Cost You, Your Mom, and Every American You Know $70,000

Happy 10-year anniversary!<p>We've got good news, folks: Unemployment is at a near historic low right now. We're riding that wave that started during the Obama years, and rich investors everywhere are thriving. We've also got some bad news. A new study by the Federal Reserve Bank of San Francisco put …

San Francisco

American Dream delayed: Home ownership rates among every generation have still not rebounded from the 2008 Great Recession - and Millennials are the least likely to buy in

The rate of home ownership among Americans of all ages still hasn't rebounded to pre-recession rates, according to new data.<p>Baby Boomers – or those …

Demographics

Led by Tesla, these big Silicon Valley employers ramped up hiring the most since the Great Recession

Tesla's tremendous hiring boom since 2009 has correlated not only with its own ambitions, but also with a broad U.S. economic recovery in which …

Silicon Valley

How the Great Recession destroyed the American Dream

In the decade since the 2008 financial crisis, the American economy has, by most metrics, recovered what it lost. Most Americans are employed; …

Demographics

Barney Frank on the Great Recession: 'We did not do enough to help some of the innocent victims'

Ten years have passed since the 2008 financial crisis, but Barney Frank, the chairman of the House Financial Services Committee at the time, still …

Barney Frank

Kevin Erdmann On Housing Shortages And A New Understanding Of The Great Recession

Kevin Erdmann is an independent researcher and blogger at Idiosyncratic Whisk, where he explores economic and financial topics such as housing, …

Business

Half of American households are still poorer than they were before the Great Recession

The financial crisis of 2008 devastated many US households, but in many ways the country seems to have recovered. Median household income is higher than before the crash, the unemployment rate is lower, and recently the job market has been particularly good for low-income workers (paywall).<p>Yet all …

Demographics

GDP, Labor Force Participation and Economic Growth | St. Louis Fed

Thinkstock/NicoElNino<p>During the Great Recession, which lasted from December 2007 until June 2009, economic activity in the U.S. contracted …

Economics

In 2008, We Stopped Believing in the American Dream

The Great Recession has proved to be a more lasting existential threat to the country than the 9/11 terrorist attack.<p>Read Full Article »

Terrorism

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Denny Hecker: A changed man?<p>The onetime Minneapolis car-dealing kingpin, whose over-the-top lifestyle and spectacular fall in the wake of the Great …

Great Recession

Don’t Let The Trauma Of Being A Law Student During The Great Recession Bias Your Perceptions About Law School

The reality is that the legal profession is in much better shape now than it was during the Great Recession.

Law

Trumponomics has the government borrowing more than at any time since the Great Recession

Donald Trump is threatening to shut the government down if he doesn’t get billions to build his pointless border wall. But it’s a good thing …

Liberal View

What Was the Great Recession? Its History and Consequences

The Great Recession was a period between December 2007 and June 2009 that saw the 2008 financial crisis, some of the worst unemployment rates, GDP, …

Stock Markets

Noah Smith on the Gennaioli and Shleifer theory of the great recession

Gennaioli and Shleifer explain these patterns by turning to their own preferred theory of human irrationality — the theory of extrapolative …

Economics

US economy grew 4.1 percent in second quarter

U.S. economy surges to 4.1 percent growth rate in second quarter quarter; strongest since 3rd quarter of 2014 and 3rd-best growth rate since the …

U.S. Economy

Could San Francisco Open a Public Bank? - July 26, 2018

In the midst of the Occupy movement’s righteous anger toward big banks and their role in the Great Recession, activists floated an idea: What if …

San Francisco

Pew research: Only Gen X recovered lost Great Recession wealth

July 23 (UPI) -- Members of Generation X were the only generation to recover wealth lost during the Great Recession, Pew Research Center analysis of …

Demographics

Is the Great Recession responsible for spike in liver disease?

A new study published in a leading medical journal by a University of Michigan research team asks whether the Great Recession is responsible for a …

Medical Journals

NM unemployment continues to drop

ALBUQUERQUE, N.M. — New Mexico’s unemployment rate fell to 4.9 percent in June, the first time the state has seen a level below 5 percent since …

New Mexico

S.C. college, university funding plummeted after Great Recession, report says

South Carolina has lagged behind the rest of the country in funding higher education since the Great Recession, according to a new report.<p>Per-student …

College & University

Congressman Rick Larsen on why he voted to roll back Dodd-Frank regulations

Bill Radke talks to Congressman Rick Larsen, who broke with fellow Democrats yesterday to vote for a partial rollback of Dodd-Frank banking …

Washington State

SC college, university funding plummeted after Great Recession, new report says

South Carolina has lagged behind the rest of the country in funding higher education since the Great Recession, according to a new report.<p>Per-student …

College & University

Denny Hecker: A changed man?

Denny Hecker: A changed man?<p>The onetime Minneapolis car-dealing kingpin, whose over-the-top lifestyle and spectacular fall in the wake of the Great …

Great Recession

Centre for Economic Policy Research

Publication Date:<p>July 2018<p>JEL(s):<p>E24, J22, J65<p>Programme Areas:<p>Short-time work programs were revived by the Great Recession. To understand their …

Economics

Only these 2 N.J. towns have fully recovered since the housing crash

While the housing market in the Garden State has been posting gains for a few years, the state is still well below its market heights from 10 to 12 …

New Jersey

Here's how a Great Recession hangover could change the way people retire

A new survey shows many American workers are still making up for financial ground they lost following the Great Recession. Because many individuals …

Retirement

Evolution of Modern Business Cycle Models: Accounting for the Great Recession

<b>NBER Working Paper No. 24741</b> <b><br>Issued in June 2018</b> <b><br>NBER Program(s):Economic Fluctuations and Growth, International Finance and Macroeconomics, Labor</b> …

Economics

Macro Musings Podcast: Larry Ball On The Lehman Brothers Collapse And Its Role In The Great Recession

Larry Ball is a professor and department chair of economics at Johns Hopkins University. He is published widely in the field of macroeconomics and …

Business