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.

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 ...

Cordray gave a talk online earlier this fall, during which he drew comparisons between the nature and effects of the current financial crisis and those of the Great Recession of 2008. He spoke with ...

We wanted to take a look at the impact the Great Recession had on the US auto industry, how it was transformed in its wake, ...

During the Great Recession in the late 2000s, when unemployment jumped to 10% and home prices plunged an average of 30%, many people reduced their frivolous spending and held on tight to their ...

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 ...