Glass-Steagall Act of 1933: What It Is, Effects, Repeal
The Glass-Steagall Act was part of the Banking Act of 1933. It created a barrier between commercial and investment banking.
Boston College6d
Lessons of the Great Recession
Cordray gave a talk online earlier this fall, during which he drew comparisons between the nature and effects of the current financial crisis and those of the Great Recession of 2008. He spoke with ...
THE WEEK6d
CHARTS: How the rich won the Great Recession
From the time the Great Recession started in late 2007 until it officially ended in 2009, the richest 1 percent of America saw its income drop 36.3 percent, according to a new report by economists ...
Lost decade: NYC’s horrible housing slump
A generation of New Yorkers is paying a heavy price for a huge drop in unit production following the Great Financial Crisis.
The Washington Post on MSN10d
More Americans take on a second job or side hustle. They come at a cost.
A growing number of Americans have taken second jobs and side hustles, spurred partly by years of rapidly rising prices as ...
Illinois Policy4d
Chicago loses over 3 in 5 businesses in 20 years
Chicago has seen more than 3 in 5 licensed businesses disappear during the past two decades. While the rest of the nation has ...
More people working than ever in Fresno, but unemployment is up. What’s really happening?
Fresno County, the most populous county in the region, also had the largest number of people who want to work but don’t have ...
Jobs report shows a hiring slowdown as companies are acting like ‘they’re in a recession’
The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4% ...