Topic: Recessions and Depressions
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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Top 5 bull markets since 1929
The bull market that started in 2009 is currently the fifth most spectacular rise in stock prices since at least 1929. Can you guess which bull markets have been even more impressive?
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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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Opinion In quest for jobs, Fed chair Bernanke's money spigot hurts economy in long run
US unemployment fell to 7.8 percent (a possible boon to President Obama, whose economic leadership Mitt Romney criticizes). But job growth remains slow. Fed Chair Bernanke's quantitative easing policies aim to boost the economy, but they will more likely spur inflation and capital flight.
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Babies? Not in this economy. US birth rates plummet for fourth year
Birthrates have been declining for the past four years, according to a government report on Wednesday. It's a new phenomenon for a country with rising populations rates since the 1990s.
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Tax VOX Can the fiscal cliff push Congress to agree on budget deal?
Gleckman asks: Will it take the fear of a financial market collapse and a cliff-driven recession to change the karma on Capitol Hill? Or, can Congress find an easier route to fiscal sanity by ducking the coming showdown?
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Presidential debate: 7 defining moments in history (+video)
From Ronald Reagan’s one-liner, “There you go again,” to Al Gore’s heavy sighs and eye rolls, zingers and mannerisms can define a presidential debate even more than the candidates’ positions on critical issues. Here is a look back at seven defining debate moments.
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Robert Reich The looming specter of jobs and debates
With the first presidential debate on Wednesday and a crucial jobs report on Friday, it's a big week ahead for Obama and Romney. Reich argues that the jobs report will be the biggest election news of the week.
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Where did the mammoth US budget deficits come from?
Let's go back about a decade, when budget surpluses were predicted for the foreseeable future. Somehow, the math went terribly wrong, by trillions of dollars. Here's an accounting of what happened.
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Asian markets cheer Spain's plans for reform (+video)
Asian stocks edge up as debt-laden Spain unveils budget plans with sharp cuts in government spending. Euro and Japanese yen climb while dollar falls.
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Global News Blog How higher education may be easing the global recession
A new OECD report on education in the world's top economies highlights the importance of higher education, which includes vocational schooling, during an economic downturn.
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Energy Voices Is the world economy suffering from 'high-priced fuel syndrome'?
The major issue for many countries is that oil is becoming too expensive for the economy to afford, Tverberg writes.
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Unemployment claims plunge to two-month low
Unemployment claims drop 26,000 to a level of 359,000, the lowest in nine weeks. At this level, unemployment claims typically point to a lower unemployment rate.
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Student loan debt hits record 1 in 5 US households
Student loan debt has reached a record 1 in 5 US households, with the biggest burdens falling on the young and poor. Because of the sluggish economy, fewer college students than before are able to settle into full-time careers immediately upon graduation, contributing to the jump in student loan debt.
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Briefing Who are the '47 percent'?
Half don't earn enough to pay federal income taxes; many pay other ways.
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Europe unrest reverberates on Wall Street
A dip in home sales and unrest in Europe sent stocks sliding Wednesday, extending the longest losing streak for the S&P 500 since mid-July. European stocks had their worst day in months as unrest threatened to boil over in Greece.
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Spain's troubles worsen, sparking new phase for euro crisis
Spanish stock prices fall 3 percent Wednesday as Spain's bond rates rise above 6 percent and demonstrators take to the streets to protest anticipated cuts in government spending.
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Stocks waver as confidence falls in Europe
Stocks closed down modestly after opening low and recovering in the afternoon. Stocks had risen strongly in recent weeks as traders anticipated, then received, help from the Federal Reserve.
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The Monitor's View Today's democracy heroes are in the fiscal trenches
The West's years of unsustainable promises on spending are hardly a model of democracy. When elected leaders, such as Rhode Island treasurer Gina Raimondo, tell the truth on how to rein in costs, they are democracy's heroes.
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Why Obama is pulling ahead in the battleground state of Wisconsin
This summer, Mitt Romney and President Obama appeared to be neck and neck in Wisconsin. But now in polls, the president seems to be gaining independents at his opponent’s expense.
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Is Mitt Romney right about a 'good jobs' dearth in US? (+video)
Under fire for writing off 47 percent of Americans as government dependents who will never vote for him, Mitt Romney clarifies that what he wants is for more people to have jobs good enough that they do pay taxes. Many agree about slippage in 'good jobs.'
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Focus Housing market turning a corner? Signs of hope for homeowners.
Rising home values and declining foreclosure rates indicate a slow but steady recovery for the US housing market. Obstacles remain, however, including negative equity due to 'underwater' mortgages.
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Does uncertainty cost the economy jobs? Fed researchers call it a big problem.
Economists at the Federal Reserve Bank of San Francisco say uncertainty over future taxes and other policies has raised unemployment by one to two percentage points. That's lots of jobs.
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Apple hits new high as stocks slip slightly
Weak economic news sent stocks sliding after a four-day surge in stock prices. Apple bucked the slight downward trend, rising $8.50 to $699.78, a new high for the stock market's most valuable company.
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Stefan Karlsson 'Two Inflationary Days': A clarification
Karlsson responds to readers' comments on his translation of monthly changes to annualized rates in his previous post on inflation.
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Obama's record on job creation: How good or bad?
The question of jobs is central to Election 2012. Mitt Romney claims President Obama has been a failure, while Obama says he's presided over steady growth. Decoder sweeps aside the spin.
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For these four nations, 2012 is worse than the Great Recession
The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. Europe's debt crisis, the general slowing of the world economy, and domestic political troubles have played a role in undercutting 2012 growth for one or more of these four nations. Can you guess who they are?
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The Monitor's View Bernanke and Fed can't be sole bearers of economic certainty
In bold moves, central banks in the US and Europe promise indefinite spending to boost markets. The Federal Reserve and European Central Bank may be financial backstops but they can't pitch certainty into an economy.
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