We can't predict when the next one will come, but those who fall in its wake will face a tough road to recovery. That is because recessions are increasingly structural events. They occur less often but involve more economic disruption.
Addressing a public program in New Delhi today, Foreign Minister of Mexico, Dr. Jose A. Meade Kuribrena, pushed for reforms in the United Nations Security Council, in an oblique indication of support to India's bid for a permanent seat in the international forum.
In a speech October 20, New York Federal Reserve Bank President William Dudley proposed that a major chunk of pay for all senior executives at a particular bank be forfeited when the bank violates the law.
On average, women's pay in Utah is 70 percent that of their male counterparts for comparable work. In fact, on the list of top 10 worst cities for pay equity for women, Utah has two cities that rank #1 and #2.
It appears as if the American people are willing to entrust their health and safety to the only party in history that has shutdown the U.S. government, and seems not to be able to kick the habit.
In good times and bad, home ownership remained a safe bet even when the contours of life changed. Then everything went to hell.
In the over 90 years since William Jennings Bryan's death, we have seen scores of major atrocities played out with the theory of "survival of the fittest" as a motivating factor. We are also seeing it at every level of business and society.
It had all the trappings of an ALEC-backed attack on democracy: Push out a bill prohibiting local governments from passing workplace protections in their own communities. If all else failed, tack the measure onto some popular bill as an amendment and hope the supporters of that bill would want it badly enough to allow the hostile amendment to stand.
The EV Revolution Is Here! Takeaways: ...
Climate change is a "threat multiplier" and worse than many of the challenges the U.S. military is already grappling with, according to a new report b...
There is a myth, perpetuated by some self-interested business people, that one must trade off economic growth against environmental protection.
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It's only Republicans who continue to insist that income inequality is great.
The stock markets have picked up a bad case of the jitters recently, providing more fodder for the theory that investors don't do well with the approach of Halloween.
Fear of resurgent inflation has been a defining element of U.S. economic policy over the last five years, driving federal spending reductions, personal income tax increases, and, just this month, the end of the Federal Reserve's Quantitative Easing program. But that broad-based inflation has not materialized and we are left asking why?
Officially, the recession ended five years ago. But there's something the financial newscasters don't tell you: Unless you're rich, those numbers don't apply to you.
Some work has been done recently to address tax loopholes for large corporations, such as the notorious corporate tax inversions, which put small businesses at a disadvantage, but more needs to be done to help level the playing field for small businesses.