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 Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

Anytime there is economic uncertainty or downright volatility, your spending and savings habits may need some big pivots.

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

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

There would have been 2.1 million more state and local government employees if their share of total employment had stayed the same since before the Great Recession. The underinvestment in public ...

The story of Brooksley Born is not only the tale of a remarkable regulator whose Cassandra-like warnings — if heeded — could've prevented the great financial crisis from exploding into raging ...

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