Median U.S. household net worth hit a record high in 2022—but the 30-year climb was bumpy, and some families still haven’t ...

Consumer sentiment is down, but spending is up. What gives?

Universities and colleges across the country have been dealing with a ticking time bomb since the Great Recession, and a growing number of them are saying that it’s about to go off, next semester. A ...

The numbers suggest a small but growing share of American consumers have fallen into a pit of credit card debt. It's hard to dig out.

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 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 ...

It seems like everyone is constantly complaining about how horrible the job market is these days, which led some people to reflect on how job hunting now compares to doing so during the Great ...

Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging effects on people's well-being, thoughts, and behavior. Previous studies have ...

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 ...

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 ...