Franklin Roosevelt and other administration officials visit a Civilian Conservation Corps Camp during the New Deal.
Library of Congress/Corbis/VCG via Getty Images
Similarities between the 1930s and today are hard to ignore, but Franklin D. Roosevelt's New Deal teaches us that several developments have to coincide to generate a lasting social safety net.
Families recovered from the Great Depression much more quickly than the Great Recession.
While the Great Depression reduced inequality and closed the racial wealth gap, the Great Recession of 2009 did the opposite.
The normally busy floor of the New York Stock Exchange was empty on Oct. 29, 2012, during Hurricane Sandy.
AP Photo/Richard Drew
Plunging stocks have triggered rarely used 'circuit breakers’ that temporarily halt trading. A finance scholar explains what they are and the costs of shutting down markets.
A sea of red.
AP Photo/Craig Ruttle
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
Coronavirus seems to be on a collision course with the US economy and its 12-year bull market.
AP Photo/Ng Han Guan
An economist explains how a virus like COVID-19 could disrupt the US economy – and why it's too soon to freak out just yet.
Cathy Engelbert of Deloitte and Marillyn Hewson of Lockheed Martin are among the few female CEOs in corporate America.
Women occupy just 5% of the top jobs at companies in the S&P 500. Research shows the problem to be even worse.
Even the pros don’t know what’s up.
AP Photo/Richard Drew
A growing number of investors, policymakers and others say the US economy may be at risk of spiraling downward. A finance professor explains how to ride it out.
Flash crashes have become more common in recent years.
Thanks to new trading technology, sudden steep falls may become more common. A new program uses the principles of fluid dynamics to try to predict crashes before they happen.
The New York district attorney dropped a financial fraud investigation of Ivanka Trump, left, and her brother, Donald Jr., right.
The investigations into the financial dealings of Donald Trump and his associates join a growing body of evidence pointing to lax enforcement of certain high-level financial crime.
John C. Bogle, founder of Vanguard Group, died in January.
The index fund revolutionized investing for millions. Its founder died on Jan. 16.
Trading stocks can be a lot like buying a used car.
Stock markets have plunged in recent months on concerns over Trump's trade war and the possibility of a recession. An economist explains how stocks are like used cars – and lemons.
Christie’s auctions off a Lehman Brothers sign in 2010.
It's when times are good that the seeds of the next financial crisis are sown.
Apple may seem a giant, but by some measures it’s not.
Apple became the world's 'biggest' company because of its sky-high valuation. But in the past, the largest companies were known for more meaningful metrics such as revenue and number of employes.
Collins, second from right, departs a federal courthouse after being charged with insider trading.
Insider trading, like what Rep. Chris Collins is accused of engaging in, is one of the sexier crimes in securities law.
Allies at last?
New legal boilerplate in corporate merger agreements signals just how important #MeToo has become – not just as a social movement but as a business risk.
CFPB interim director Mick Mulvaney has brought the bureau to a near-standstill.
The president recently nominated a new permanent director to take over the Consumer Financial Protection Bureau. With the CFPB doing a fraction of the work it did under Obama, what kind of agency will she lead?
Wall Street needs a new face.
AP Photo/Frank Franklin II
In giving Dodd-Frank the Botox treatment, Congress misses the point of what's wrong with financial regulation: It's an old mess.
An addiction to accumulating money is every bit as powerful and destructive as a drug addiction.
Wealth addiction is as powerful as any other, but instead of urging addicts to get help, we often admire them. Yet they do much more damage to the world at large than your average coke fiend.
Inflation may be a bull market’s greatest enemy.
AP Photo/Richard Drew
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Another jittery day on Wall Street.
An economist explains why the Dow Jones industrial average's biggest-ever one-day drop shouldn't bother you too much.