Articles on Great Recession

Displaying 1 - 20 of 41 articles

Good old days: Before the coronavirus hit, governors, like California’s Gavin Newsom, had easier jobs. AP/Rich Pedroncelli, Pool

Plummeting tax revenues will put governors in tough budget situations

As Congress considers further financial help for victims of the coronavirus pandemic, the magnitude of the fiscal crisis that governors and their states will have to face is just starting to emerge.
Waitress Casey Stewart works at two restaurants, at least one which may have to close for at least a week or more. AP Photo/Kathy Willens

How the coronavirus recession puts service workers at risk

Service workers are some of the most at risk of both the coronavirus and financial woes.
The government helps tens of millions of Americans buy groceries. Jeff Greenberg/Getty

How SNAP can help people during hard economic times like these

The food aid program helps low-income families put food on the table and injects money straight into struggling local economies. It will be critical throughout the crisis the coronavirus is stoking.
People wave Puerto Rican flags as they attend a rally to celebrate the resignation of Puerto Rican Governor Ricardo Rosselló in San Juan, Puerto Rico on July 25. REUTERS/Marco Bello

Puerto Ricans unite against Rosselló – and more than a decade of cultural trauma

Rosselló's corruption is just the latest in a string of disasters for Puerto Ricans -- but it also created an opportunity for a stressed community to come together.
Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what's got investors spooked.
In 2016, nearly 10 percent of American kids were living in three-generation households, like this one in Detroit, Michigan. AP Photo/Paul Sancya

What’s behind the dramatic rise in 3-generation households?

Over the past 20 years, the number of American households that have grandparents, their kids and their grandkids living under the same roof has nearly doubled.
Researchers found that families who send their children off to college face an increased risk for foreclosure. Monkey Business Images/www.shutterstock.com

Thinking about borrowing against your home to send your kids to college? Think again

The odds of foreclosure double for families who send their kids off to college, according to two researchers who say their findings show a need for new ways for Americans pay for higher education.
People who have a financial shock are at greater risk of depression and a raft of other physical and mental health issues. Ethan Sykes/Unsplash

Losing wealth, health and life: how financial loss can have catastrophic effects

Unaffordable home loans, poor financial advice and unmanageable consumer credit may have serious consequences for many Australians, beyond bankruptcy and debt. Here's what the research says.

Top contributors

More