Household Wealth

Double Down: Banks Seek New Way To Profit From Foreclosure Mess

HuffingtonPost.com | Janell Ross | Posted 12.28.2011

Read More: Deutsche Bank, Ubs, Surplus Property, Federal Housing Finance Agency, Fortress Investment Group, Foreclosure, Federal Plan for Foreclosures, Barclays Capital, Household Wealth, Business News

Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and inves...

Read Whole Story

Recession Hurt The One Percent, Yet The Wealth Gap Remains Huge

The Huffington Post | Alexander Eichler | Posted 01.23.2012

Read More: 1 Percent, Video, The One Percent, Wall Street, One Percent, Income Inequality, Great Recession, Occupy Wall Street, Top 1 Percent, Income, Wealth Gap, Household Wealth, Business News

The recession was hard on everyone, even the one percent. Just not enough to put too large a dent in the overall wealth gap. Income for the very hi...

Read Whole Story

Americans' Household Wealth Takes Biggest Hit Since 2008

AP | DEREK KRAVITZ and DAVE CARPENTER | Posted 02.07.2012

Read More: Income Gap, Video, Household Wealth Drops, Income Inequality, Great Recession, Business News, Income-Decline, Economic Recovery, u.s. Household Wealth, Household Wealth, Business News

WASHINGTON — Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values l...

Read Whole Story

Who The Recession Left Most Financially Vulnerable

The Huffington Post | Alexander Eichler | Posted 11.29.2011

Read More: U.S. Economy, Housing Market, Baby Boomers, Third World America, Student Debt, Young Americans, Income, Household Wealth, Young Adults Recession, Job Market, Unemployment, Young Adults, Great Recession, Occupy Wall Street, Young Adults Unemployment, Economic Insecurity, Video, Business News

While the Great Recession has affected nearly all Americans in some form, it's young adults who have suffered some of the worst economic losses since ...

Read Whole Story

Congress' Wealth Increases Dramatically

The Huffington Post | Luke Johnson | Posted 01.01.2012

Read More: Income Gap, Congress, Mitch McConnell, Boehner, John Boehner, Income Inequality, Darrell Issa, Pelosi, Congress Net Wealth, Reid, Income, Household Wealth, Issa, Video, Nancy Pelosi, Richest Members of Congress, Mcconnell, Harry Reid, Politics News

Despite the economic recession and declining household wealth, the net wealth of members of Congress continues to rise, according to a Roll Call analy...

Read Whole Story

U.S. Household Wealth Falls In Spring For First Time In Year

AP | By CHRISTOPHER S. RUGABER and DAVE CARPENTER | Posted 11.16.2011

Read More: Federal Reserve Report, US Wealth, Stock Portfolios, American Wealthy, American Stock Portfoli, Home Equity, Household Wealth, Business News

WASHINGTON -- Americans' wealth fell this spring for the first time in a year. Falling stocks and investments made many slightly poorer, a trend that ...

Read Whole Story

Recession Wiped Out Two-Thirds Of Household Wealth For Hispanics: Study

The Huffington Post | Alexander Eichler | Posted 09.25.2011

Read More: Unemployment, Poverty, Blacks, Great Recession, Black Unemployment, Hispanics, Race, Hispanic Unemployment, Recession, Housing Crisis, Household Wealth, Housing Bubble, Minorities, Business News

Wealth disparities between white households and black and Hispanic households are greater than they’ve been in the past 25 years, a new study from t...

Read Whole Story