Discover how the 2007—2009 subprime meltdown led to a global financial crisis. Learn about its causes, consequences, and ...
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 US economy is facing a 'cascading' crisis 'bigger than the Great Recession' as millions of Americans default on their 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 ...
Experts are warning that the US economy is teetering on the brink of a major financial crisis as the number of car ...