All posts tagged "Great Recession"

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  Bill passed to roll back banking regulations would increase oversight in U.S. territories

  Provision would close loophole used by brokerage firms in Puerto Rico

  • Posted May 23, 2018
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  Big unwind begins: Republicans target crisis financial rules

  WASHINGTON — Emboldened by a business-friendly president, Republicans in Congress are moving to unwind the stricter regulations that took effect after the 2008 financial crisis and Great Recession. A House committee takes up legislation Wednesday that would...

  • Posted April 25, 2017
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  Deutsche, Credit Suisse to Compensate Consumers Post-Crisis

  FRANKFURT, Germany – Nine years after the collapse of the U.S. housing market sent shockwaves through the global economy, two European banks have agreed to offer American homeowners and borrowers billions of dollars’ worth of help under...

  • Posted December 25, 2016
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  10 Years after US Housing Bubble, Damage Lingers for Minorities

  WASHINGTON – When the U.S. housing bubble peaked a decade ago, soon to burst with far-reaching consequences, the pain was particularly severe for black and Hispanic Americans. A disproportionate number of minorities succumbed to subprime mortgages and...

  • Posted June 20, 2016
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  Poll: Two-Thirds of US Would Struggle to Cover $1,000 Crisis

  Of the wealthiest 20 percent, 38 percent say they would have some difficulty coming up with money

  • Posted May 20, 2016
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  GE Gets Subpoena over Subprime Mortgage Business

  Company Has Been Selling Off Most of Its Lending Operations

  • Posted February 28, 2016
• Lower Pay for Poor is Widening US Income Gap, Study Finds

  WASHINGTON – The income gap in major U.S. cities goes beyond the trend of rising paychecks for those at the top: Pay has plummeted for those at the bottom. Many of the poorest households still earn just...

  • Posted January 14, 2016
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  No Great Places to Shelter from this Market Turmoil

  NEW YORK – Stock prices are crumbling around the world, but the usual place for investors to go for safety, bonds, can’t provide as much cover as usual. Bonds are still doing their job this year as...

  • Posted January 14, 2016
• Survey: Growth at US Services Companies Slowed in December

  WASHINGTON – U.S. services companies grew in December at their slowest pace since early 2014, a private survey found. But the deceleration occurred for a seemingly positive reason: Companies made deliveries faster. The Institute for Supply Management...

  • Posted January 6, 2016
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• Dividends on the Chopping Block as Profit Growth Peters Out

  NEW YORK – The dividend gravy train is slowing down, threatening an important source of income for investors at a time when stocks are going nowhere. About 500 companies cut or halted their dividends last year, the...

  • Posted January 5, 2016
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