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.
Experts are warning that the US economy is teetering on the brink of a major financial crisis as the number of car ...
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
The US economy is facing a 'cascading' crisis 'bigger than the Great Recession' as millions of Americans default on their car ...