A new survey suggests three ways consumers are behaving like the US economy is in crisis, which may become a self-fulfilling prophecy.
Cuts to public spending do not actually result in efficiency savings because they cause more problems for people than they solve.
Research suggests that big bonuses encourage big risks.
Overconfidence is often a contributing factor to market crashes, like the financial crisis of 2008.
Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank, but there are new risks as well.
Market prices are supposed to reflect a company’s fundamental value. When they no longer do, bad things can happen.
The global economy is currently experiencing its severest contraction since the 1930s. While capitalism will survive, its fundamental structure can change at critical historical junctures.
New data shows the Great Recession hurt older, poorer Blacks and Hispanics the most. The pandemic downturn is likely to be even worse for them.
The Trump administration has revised CDC health guidelines and undermined its own experts, making it harder for science to prevail over politics in US’s coronavirus strategy.
PODCAST: Part six of The Anthill Podcast’s Recovery series looks at the 2008 financial crisis and Great Recession that followed.
Seven of the past 10 business bailouts since 1969 have either broke even, or more frequently, ended up making a tidy profit for taxpayers.
Had an international pandemic struck 20 years ago, it could have been so much worse.
Beijing might have been ultra-tough on the pandemic, but it has been horizontal in response to the economic shock.
Governments can staunch the current economic collapse without returning to the status quo.
A universal basic income could provide financially precarious people with the money they need. And it would keep money flowing through the financial system.
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
The days of using interest rates to keep the wheels on are at an end.
On October 23 Google announced that it built a quantum computer thousands of times faster than classic computers. This could have immense impacts on finance, cryptography and other fields.
The Fed cut rates for the third time in as many months – something practically unheard of in a strong economy.
Student loan defaults have risen sharply, and the number-one reason is deceptive and misleading practices by for-profit institutions.