Office of the Moody’s Corporation ratings agency.
Daniel J. Macy
Standard & Poor's, Moody's, and other ratings agencies have a long and storied history, but today they face significant criticism and the future of ratings themselves are under challenge.
The final deliveries of the A380 are anticipated for 2021.
The shifting market for air travel has forced Airbus to abandon the production of one of the most impressive aircraft of all time, the super-jumbo A380. Was it folly, bad luck or both?
Black Americans were most affected by the 2009 recession.
It's been a decade since the worst financial crisis since the Great Depression, and blacks still haven't fully recovered financially, leaving them unprepared if another recession hits.
As fears of a US-China trade war grow, the eurozone is starting to look like a rock.
The authors of the book
The Making of Finance highlight the intellectual capture of the financial worlds.
Nothing has changed since the 2008 financial crisis. Orthodox theory continues to structure the entire financial industry, yet there is an urgent need to study the social and political nature of markets.
The women elected to the 2019 congress pose for a photo.
After a year of headlines and ousted CEOs, Congress has yet to pass a single piece of legislation on sexual harassment – let alone hold a hearing. That may change as lawmakers get to work in 2019.
No industry should be considered too big to fail, including the auto industry.
Ensuring no industry becomes too big to fail can be achieved by changing the way companies are run. The aim is to develop a sustainable model for corporations.
The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism.
(AP Photo/Tony Dejak)
Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
Nagib / Shutterstock
The housing bubble that burst and triggered the 2007-08 global financial crisis was fuelled by securitisation.
There were 6,566 more suicides in the 2008-09 period that were a direct consequence of the rapid decline of equity values.
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.
Money, money, money.
What looks from the outside like a domestic currency crash is in fact something far more dangerous.
Argentina is just one of a handful of crisis-stricken nations asking the International Monetary Fund for help.
Some US$4.6 trillion has been made available to stave off financial crises across the world. The problem is that much of this funding is now spoken for, and the list of stricken nations is growing.
The Dow Jones is on a rollercoaster. But don't panic.
Interest among financial institutions in bitcoin derivatives contracts highlights worrying reminders of the not-too-distant past.
Brexit, bots and jobs and bitcoin are set to dominate economics news in 2018.
How can we sort out the crisis of contemporary democracy?
The leaders of the Brazil-Russia-India-China-South Africa alliance.
The sub-imperial formation called BRICS, which pretends to be a progressive global force could be divided by a series of crises.
Republicans have been opposed to the CFPB since it was created.
Republicans are hoping to eliminate or at least defang the only federal agency tasked solely with protecting consumers from financial abuses. What would we miss if they succeed?
Janet Yellen says another financial crisis is unlikely in our lifetimes.
AAP/ Jim Lo
Why does the Chair of the Federal Reserve believe there won't be another financial crisis in our lifetimes?