The Glass-Steagall Act was part of the Banking Act of 1933. It created a barrier between commercial and investment banking.

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 ...

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 ...

The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4% ...

A generation of New Yorkers is paying a heavy price for a huge drop in unit production following the Great Financial Crisis.

A growing number of Americans have taken second jobs and side hustles, spurred partly by years of rapidly rising prices as ...

Fresno County, the most populous county in the region, also had the largest number of people who want to work but don’t have ...

In the aftermath of the crisis, the global economy entered a recession that we can rightly characterize as “great.” Economic activity in the G-7 countries dropped by more than 5 per cent. According to ...

Chicago has seen more than 3 in 5 licensed businesses disappear during the past two decades. While the rest of the nation has ...