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

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

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

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 ...

President Donald Trump's threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern ...

There are essentially no economists predicting a recession right now. That’s in sharp contrast to just 24 months ago. Could ...

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 ...

China's futures traders drove a remarkable $400 surge in gold prices this past spring, and now they are positioned to propel ...

Claudia Sahm, expert on monetary and fiscal policy, discusses the Sahm Rule, labor supply and unprecedented economic events.

While the 2008-2009 financial crisis originated in the United States, we witnessed steep declines in output, consumption and investment of similar magnitudes around the globe. This raises two ...

2022, Book: "This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It ...