Maybe not, if you work on Wall Street.
Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it's not already gone.
A study in resilience.
Ice bath via www.shutterstock.com
Markets have been on a rocky ride all year on concerns another recession looms. Here are a few lessons we can learn from the last one.
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Yet another dramatisation of the events surrounding the financial crisis that leaves a sour taste and a questionable moral lesson.
Pulling apart the European crisis response.
"First, do no harm". It's not clear that European countries even got that right as they navigated their way through the aftermath.
Does a boom in babies give the economy a boost or cause a bust?
Baby money via www.shutterstock.com
Research shows baby booms are generally bad news for the economy – at least for the boom's babies.
Gambling’s meteoric rise says a lot about the psychology of post-recession America.
What happened to "a penny saved is a penny earned?"
United in disagreement.
It's not just Greece and poor economic performance that are threatening the future of Europe as we know it.
Observers may be quick to declare social trends “good” or “bad” for families, but such conclusions are rarely justified. What’s good for one family – or group of families – may be bad for another. And…
The collapse of Lehman Brothers was a pivotal moment in the most recent financial crisis. The next crash may feature another bank failure.
The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…