Topic: Economic Crisis
Top galleries, list articles, quizzes
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10 biggest US foundations and what they do
What are the 10 biggest foundations in the United States? Here they are in ascending order, based on their assets, along with a little bit about what social problems each addresses.
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15 promising nonfiction books for spring 2013
April showers bring May flowers. Here's some fresh non-fiction to check out this spring while you enjoy the new greenery.
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Top 10 places to buy a foreclosed home
Here are the Top 10 metropolitan areas to buy a foreclosed home, according to RealtyTrac:
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Five signs Americans are forgetting recession's lessons
Declining savings is one of five signs that American households are forgetting the lessons of the Great Recession:
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Dog breeds: The most popular pooches in US since 1880
The American Kennel Club has been tracking the popularity of purebred dogs for 128 years as the number of recognized breeds grew from nine to 177. Here's of the country's most popular dog breeds by the decade, according to data released by the AKC:
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Fannie Mae record profit: How long until it pays back bailout money?
Fannie Mae, the mortgage giant, made a record $17.2 billion in 2012. So far, it has paid back $36 billion of the $116 billion it received in a US bailout.
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Bank of Cyprus: Big depositors may lose 60 percent
Bank of Cyprus depositors with more than 100,000 euros will get hit with an initial 37.5 percent penalty. Another tax of up to 22.5 percent could be imposed, depending on what the Bank of Cyprus needs to build up its reserves.
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Energy Voices How high oil prices lead to financial collapse
Financial collapse is related to high oil prices, Tverberg writes, and also to higher costs for other resources as we approach their limits.
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Latin America Monitor Can Latin America ride out the global economic storm?
Latin America has stayed afloat during the global economic crisis in part because of a wave of high commodity prices. But a new IADB report indicates this may not last.
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Estonian austerity, Paul Krugman, and Twitter: All the elements of an opera?
An American expatriate writer and a Latvian economist-cum-composer have turned an online tiff between Estonia's president and Nobel-winning economist Krugman into high art.
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Global Viewpoint Why the US will fare better than Europe in economic recovery
In an interview, the former president of Chile, Ricardo Lagos, says that today’s global financial crisis is mainly a political failure rather than an economic one. The US will probably do much better in its financial recovery because its central bank, unlike Europe’s, has the powers it needs.
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Energy Voices Is the EPA an impediment to economic recovery? (Sponsor content)
The Environmental Protection Agency needs to analyze and understand the full, cumulative economic impacts of its regulations, Tracey writes, and not seemingly choose sides when it comes to energy production.
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Top 10 places to buy a foreclosed home
Here are the Top 10 metropolitan areas to buy a foreclosed home, according to RealtyTrac:
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The New Economy Jobs outlook: Housing growth will trump sequester woes
The economy should continue to add jobs despite the sequester. The jobs report shows the housing recovery bolstering employment. Homeowner optimism is likely to improve, too.
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Stocks rise on burst of hiring
Stocks rose on Wall Street Friday on news that US employers added 236,000 jobs last month. Stocks have also been boosted by continuing economic stimulus from the Federal Reserve.
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Consumer optimism takes a dive, despite buoyant stock market
A new Monitor/TIPP poll finds that 6 in 10 Americans, facing shrinking income and rising taxes, say that the economy is still in recession, despite economic reports that the slump is over.
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No more big banker bonuses? Europe set to crack down.
Europe's financial ministers are expected to approve new rules today that would cap bankers' bonuses at two years' salary – a move unthinkable in the years before the Lehman collapse.
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The Monitor's View A global contest of values in EU-US-China trade
As China endorses a reformer as president and the EU and US plan a free-trade pact, the competition to set trade rules heats up. A EU-US pact would strengthen their economies and send a signal to China to take more responsibility for higher trade standards.
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Energy Voices Rising energy costs impact fixed incomes (Sponsor content)
More than half of US households will spend an average 20 percent of their family budget on energy, nearly double what they spent 13 years ago, Gates writes. In North Carolina, the 2.1 million households earning less than $50,000 annually spend 23 percent of their income on energy.
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Bulgaria's prime minister is out, but austerity remains. What's next?
The economic ills that led to mass protests in Bulgaria earlier this week and led Prime Minister Boyko Borisov to quit aren't going to be easy to address.
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Sequester 101: Is all this fuss really necessary?
The sequester spending cuts set to kick in March 1 address a serious long-term problem. But are they needed this year and in this way? No one thinks it's a perfect step.
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EU says eurozone economy will shrink this year
Eurozone economy will contract 0.3 percent, the European Union predicts, but bottom out in the first half of 2013. Eurozone growth estimate for 2014: 1.4 percent.
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Stocks rise on talk of corporate deals
Stocks were up on Wall Street Tuesday on reports that retailers Office Depot and OfficeMax are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks. Stocks of office supplies stores jumped following the news.
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Stocks waver as Europe's economy slows
Stocks ended roughly where they started Thursday as European economic woes eclipsed a promising US jobs report. After a strong start, stocks have drifted sideways over the previous week with few major events to sway investors.
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Coolidge
Amity Shlaes offers a fresh perspective on the 1920s and "Silent Cal," but infuses her narrative with ideology.
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Obama fact-check: State of the Union speech uses a few shortcuts
Obama fact-check: A look at some of the claims in his State of the Union speech, a glance at the Republican counterargument and how they fit with the facts.
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State of the Union 101: Has Obamacare really slowed rise of health costs?
The president's State of the Union claim that Obamacare has slowed the rise of health costs misses the fact that key provisions don't kick in until 2014 and that slower spending is related to a weak economy.
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Robert Reich Why the budget deficit is not 'the transcendent issue of our time'
The Republican’s biggest economic lie is that the budget deficit is, in Sen. Mitch McConnell's words, “the transcendent issue of our time,” Reich writes. The transcendent issue is jobs and wages, he adds.
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The Monitor's View Are Obama's state-of-the-union ideas the antidote to economic fears?
As President Obama travels after his State of the Union speech to rally support for his proposals, he must also deal with a rising mood of pessimism about the economy. Fear of the future must not be allowed to feed on itself.
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As euro strengthens, debate grows about setting a 'target' value
France has floated more intervention, which Germany rejects. The debate is framed by rising concerns over a 'currency war' if countries try to spur economic growth by devaluing their currencies.
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