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The Great Recession was a sharp decline in economic activity from 2007 to 2009. It was the longest economic downturn since the Great Depression.
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 ...
The Great Recession, triggered by the collapse of the housing market and the subprime mortgage crisis, saw unemployment go up, stock markets go down and many people lose their homes and savings, ...
The Great Recession didn’t just affect the United States; all countries with rapid credit growth and large account deficits were impacted. Global trade nearly collapsed, declining by 15% between ...
The Great Recession was an epic financial meltdown for individuals and institutions. With talk of the economy entering another recession, let’s look back at the causes of the 2008 recession and ...
Stripping out the Great Recession – which Moody’s Chief Economist Mark Zandi calls a once in a 50- or 100-year event – recessions since the end of World War II lasted six months to 16 months ...
The slow but steady recovery from the Great Recession just hit a milestone: It's tied for the second-longest economic expansion in American history. The recession ended in June 2009, which means ...
Long-term unemployment helped define the Great Recession. Countless networks, relationships and skills that bound employee to employer were ripped apart in the global financial crisis. It took ...
Endowment returns will decrease in correlation to stock-market performance; in the year following the Great Recession, endowment returns dropped on average by 23 percent, ...
I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout ...
The Great Recession: 10 Years Later. A decade after the economy took a nosedive and the housing market tanked, 13News Now looks at the lasting effects that the Great Recession had on Hampton Roads ...
The Great Recession revealed just how fragile our financial foundation can be. It also underscored why sound habits such as saving, budgeting, and staying financially flexible can pay off when ...