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The Latest Breaking News from the Great Recession

Nearly half of companies are turning to poor ‘peanut butter’ raises—following the same pattern of the 2008 recession, an expert says. And it could take years to recover

Even if you land a job in the current market, peanut butter raises mean you probably won’t get a sizable raise. One expert warns that pay budget increases were stuck at about 3% for a long time after the Great Recession.

Fortune

‘Big Short’ Investor Who Predicted the 2008 Market Crash Has Stark Warning for Bitcoin: What Investors Should Do Next

Michael Burry is highly respected figure in the investing world. While he boasted a strong reputation prior to the Great Recession, his real claim to fame came after successfully shorting the 2008...

GOBankingRates

Who gets SNAP benefits to buy groceries and what the government pays for the program – in 5 charts

The Supplemental Nutrition Assistance Program has helped low-income Americans buy groceries for decades with few disruptions.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Retirement Planning: 9 Moves To Make If You’re Worried About Economic Downturns

Whether you lived through the Great Depression or have been on the edge of your seat through the Great Recession, planning for retirement is challenging in any environment, but especially during times...

GOBankingRates

Colleges Face An Enrollment Crisis That May Be Irreversible Due To Low Birth Rates

The U.S. birth rate has been declining since the Great Recession, according to the Centers for Disease Control and Prevention, and that problem is about to rear its head in college enrollment numbers.

Benzinga

Americans haven’t been this pessimistic about finding a new job since a bleak stretch of the Great Recession

Pessimism is "most pronounced for those with at most a high school education," according to the New York Federal Reserve.

Fortune

The Red Flag That Presaged Dot-Com Crash And The Great Recession Is Back

It is hard to make quantifiable observations without having a strong anchor point. Beneath the surface of a fresh market all-time high, the foundation is looking increasingly shaky. Market breadth, a measure of stocks participating in a rally, has slipped below the level it had in 2008 – a year…

Benzinga

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Global Stocks Are Crushing Wall Street And Trump's Tariffs In 2025

Global equities are crushing Wall Street in 2025, posting their strongest outperformance since the Great Recession, as trade deals, a sliding dollar and looser monetary policy overseas help fuel a historic reversal.

Benzinga

6 Frugal Living Lessons From the Great Recession

Here are six frugal living lessons from the Great Recession that can help you stretch your dollars and stay out of debt today.

GOBankingRates

The 2026 Nissan Leaf Is Finally Here, and It Has Way More Range

Fifteen years ago, Nissan was at the forefront of electric vehicle development. It unveiled the Leaf in mid-2009, just as the world’s economy started to recover from the Great Recession. It entered production in 2010 as the first mass-market EV, offering just 73 miles of range. But a lot has…

Motor1

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

Fortune

Big banks sue over Fed's "stress test"

Since the Great Recession, the Fed has mandated banks keep capital on hand in case of another crisis

Salon

Trump’s mass deportation plan could hurt the country more than the Great Recession, report says

Mass deportations could lead to a 7.4 percent drop in the GDP, meaning ‘the U.S. economy would not grow at all’ during President Trump’s second term, the report says

The Independent UK

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

The Independent UK

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Reason

How the Political Spectrum Turned Inside Out

From 9/11 to the COVID-19 pandemic, crisis moments keep reshaping the political landscape.

Fortune

Disney’s future is now in the hands of the Morgan Stanley CEO who brought the bank out of the Great Recession

James Gorman's history of strategic leadership is now being leveraged to select the next CEO of Disney.

Fortune

Millennials 'scarred from the Great Recession and COVID' are financially outperforming Gen Xers and boomers at the same age

A new study from LendingTree found millennials have a higher net worth than Gen X and baby boomers at similar ages.

Fortune

Against all odds, Victoria’s Secret survived the Great Recession

From the new book "Selling Sexy: Victoria’s Secret and the Unraveling of an American icon."

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Fortune

Jamie Dimon says some private credit ratings 'shocked' him, evoking bad memories of mortgages before the Great Recession: 'There could be hell to pay'

“I've seen a couple of these deals that were rated by a rating agency and, I have to confess, it shocked me what they got rated,” the JPMorgan CEO said.

Top News

Black Swans: Unpredictable Events That Shape Our Lives, Explained

Discover the impact of Black Swan events like the Great Recession and COVID-19 on our lives. Unveil their power to reshape the course of history.

The Conversation

I studied 1 million home sales in metro Atlanta and found that Black families are being squeezed out of homeownership by corporate investors

In the years since the Great Recession, when housing prices dramatically fell, Wall Street investors have been buying large numbers of single-family homes to use as rentals. As of 2022, big investment firms owned nearly 600,000 such properties nationwide.

Tribune News Service

The fight for COLA: Why the UAW is pushing hard to restore long-lost benefit

DETROIT — Rob Pacheco estimates that he brought home more money 20 years ago than he does today because of concessions autoworkers made to help save the U.S. auto industry during the Great Recession.

Tribune News Service

Is the housing market about to crash? Here’s what experts say

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction.

Motor1

Delinquent Auto Loans In US Are Higher Now Than In The Great Recession

Auto loan delinquency reached record highs in Q1 2023, with the increase primarily coming from the subprime tier.

Fortune

A millennial family earning $170k who has been living ‘monk-like’ to build wealth fears a ‘pending financial storm’

Robert and Gail are just getting a handle on their finances after graduating into the Great Recession over a decade ago. But cracks are beginning to show.

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