I couldn't just give it away. Jeb Bush made good Tuesday on his promise to do an unprecedented dump of 33 years of taxes. Let's hit some highlights from Richard Rubin and Michael Bender: Jeb got filthy rich after leaving office in 2007 Jeb...Show More Summary
by Angel Gurría and Daniel Yohannes Though inequality has been rising for decades, the Great Recession catapulted the issue to the top of the policy agenda, costing millions of Americans their jobs and widening the gap between rich and poor. Show More Summary
The Great Recession pushed many white collar workers into starting a business when they lost their jobs. Many of these firms were solo operations. A recent study by the Federal Reserve Board sheds interesting light on such new business creation during that period and how the founders of both startups [...]
The trend has changed... Millennials are becoming new parents. The Great Recession has ended and positive economic numbers have everyone excited. Unfortunately, more children mean more expenses. So, what are Millennials to do with child-rearing costs in the hundreds of thousands?
Getty Images By Ari Cetron Wounds of the Great Recession are slow to heal when it comes to confidence in the banking industry. Gallup recently released results of a phone survey that found that only 26 percent of Americans have "a great deal" or "quite a lot" of confidence in banks. Show More Summary
The Council of Supply Chain Management Professionals has released its 26th annual State of Logistics Report, presented by Penske Logistics. The report reveals total US business logistics costs rose to $1.45 trillion in 2014, a 3.1 percent increase from the previous year. However, the growth rate for logistics costs was lower than the U.S. gross […]
The Great Recession allegedly ended in June 2009, yet it has taken 6 years of wandering through the desert to finally get personal spending to surge. Will this signal the end of the bond bull market that has been around since September 1981? Bear in mind that personal spending YoY is only 1.24%. And inflation […]
June 24--Confident that the Great Recession is in the rearview mirror, TriMet appears ready to once again increase payroll taxes on Portland area employers and self-employed workers to help fund future transit expansion. In 2009, the...Show More Summary
The rough consensus until recent years has been that finance increases growth. The great recession has led a number of researchers to revisit that result and several papers now report that finance increases growth just up until a point and then turns negative. William Cline, however, has a short but elegant rebuttal. Using the same […]
The word “bailout” became ubitious during the Great Recession. From banks “too big to fail” to the faltering auto industry in Detroit, Washington has been the go-to lender of last resort for many American companies. And the rise of... Read more The post The 10 Biggest Government Bailouts In U.S. History appeared first on Business Pundit.
By now it's a familiar story that the Great Recession impacted almost everyone in America. Even those who were lucky enough not to lose their jobs likely saw the value of their house plummet. The lost wealth from the Recession's impact...Show More Summary
The great flash-site boom of the past decade has one great success story that has survived the recession: Zulily, which started out selling children’s clothing and toys and has slowly expanded into clothes and accessories for women.Show More Summary
Jeff Turner / (CC BY 2.0) Banks knowingly took advantage of black homeowners in issuing sub-prime mortgages before the Great Recession, a report by the American Civil Liberties Union finds. The notorious loans are widely acknowledged...Show More Summary
``Basic supply and demand functions have helped push up final home sale prices in recent months. Construction stalled out during the Great Recession, and there is now a tight market of affordable homes in desirable locations. This has...Show More Summary
Problems in the banking sector played a seriously damaging role in the Great Recession. In fact, they continue to. Macroeconomic models failed to explain the interaction between banks and the macro economy. The problem lies with thinking that banks create loans out of existing resources. Show More Summary
In 2014, the miracle of childbirth occurred nearly 4 million times in the U.S., a 1 percent rise since 2013, according to data released this week by the U.S. Centers for Disease Control and Prevention (CDC). This is the first time in seven years that fertility rates have increased in the country. Show More Summary
Last year, the U.S. birth rate increased for the first time since the start of the Great Recession in 2007, the AP reports. While the National Center for Health Statistics says teen births fell to the lowest rate ever, the total number of births increased by one percent in 2014,... More »
Problems in the banking sector played a seriously damaging role in the Great Recession. In fact, they continue to. This column argues that macroeconomic models were unable to explain the interaction between banks and the macro economy. Show More Summary
In 2009, James Barrett became an accidental landlord after his home lost a third of its value during the Great Recession. He was eager to turn a profit on the home but ran into struggles with finding high-quality tenants...
Facing a $55-million deficit during the Great Recession, Sacramento County officials made a choice: To save money, they would close their free health clinics to people who entered the country illegally.