The personal savings rate fell to its lowest level in roughly four years on Thursday as Americans continued to dip into their ...

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 ...

The longest recession the country has endured since World War II ended in June 2009, a group that dates the beginning and end of recessions declared Monday. The National Bureau of Economic Research, a ...

The Great Recession of 2008 marked a particularly difficult time for Americans, with effects that reverberated around the world. Few remained unscathed as lay-offs and foreclosures mounted. While the ...

Five years after the collapse of Lehman Brothers and the triggering of the financial crisis, frugality is king when it comes to personal finances. Millions changed their financial habits after the ...

Already having been hit hard in recent years due to changing shopper preferences, the apparel industry ―particularly department stores and specialty apparel retailers―are now facing the fallout from ...

Barely 15 years after we recovered from the “Great Recession,” we face a looming even greater recession. The great recession of 2007-2009 was caused largely by the cascading effects of the rapid ...

California’s homebuying collapse is far different than the nation’s sales dip. My trusty spreadsheet looked for clues in 21 years of sales stats from Attom, tracking closed deals for houses and condos ...

When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack Obama weaponized the crisis by blaming ...

The number of Canadians filing for insolvency has hit levels not seen since the Great Recession, signalling that many ...

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