great recession
I'm a doctor — this is the best thing millennials can do for their health
August 26, 2024 | 5:05pm"There's a lot of things you're going through now," Dr. Terry Simpson, a board-certified general surgeon based in California, told his millennial TikTok followers.
Top economist predicts 'crash of a lifetime' worse than 2008 recession
June 10, 2024 | 11:07amHarry Dent, the outspoken financial author and economist, isn’t reversing course from his bold "crash of a lifetime" declaration this past December. Speaking in an updated interview with Fox News...
Weekend-at-Bernie's economy: Why Biden 'success' leaves America cold
December 15, 2023 | 7:41pmSomething doesn’t add up about the Biden economy.
Biden is spending to stave off a recession — until after the election
September 7, 2023 | 7:06pmThe Nobel Prize-winning economist Robert Solow said in the 1980s, “You can see the computer age everywhere but in the productivity statistics.” The same could be said of American economic...
Asleep at the wheel: Mistake-prone Fed Reserve could be sending us into recession
September 5, 2023 | 5:18pmJudging by all the policy mistakes Jerome Powell’s Federal Reserve is making, one has to wonder whether next year it will be accused of having been asleep at the wheel...
Brace for 1930s-style economic disorder — especially if interest rates keep climbing
July 7, 2023 | 7:45pmThere is every reason to think monetary-policy overkill would not be a good idea today as well.
Farewell Dick Ravitch, city savior who sounded alarms NY should heed
June 26, 2023 | 6:54pmRichard Ravitch was among the last surviving members of a remarkable generation of political and business leaders who steered New York City out of its brushes with bankruptcy in the...
Backward-looking Fed is missing key recession risks
May 16, 2023 | 9:32pmThe Powell Fed seems to have learned little from that experience about the importance of looking ahead rather than in the rearview mirror. It’s clinging to an aggressive policy even...
Janet Yellen asked Bush Treasury chief Henry Paulson for advice on bank crisis: report
March 27, 2023 | 1:58pmPaulson told the AP that he told Yellen: “We are fighting for the survival of our regional banks.”
Why a Phillies World Series win could spell disaster for Wall Street
October 24, 2022 | 1:26pmThe stock market has historically crashed whenever a baseball team from the City of Brotherly Love has taken the crown.
Kevin Bacon talks losing 'most' of fortune to Bernie Madoff: 'There's obvious life lessons'
October 10, 2022 | 12:46pm"If something is too good to be true, it’s too good to be true," Bacon said.
'Significant pullbacks': US home prices drop at fastest pace since Great Recession
October 3, 2022 | 9:43amHome affordability as it its worst since 1984, according to analytics firms Black Knight.
'Worse than 2008': 'Big Short' investor Michael Burry says current economic downturn could top Great Recession
September 30, 2022 | 1:21pm'The Big Short' investor said central banks "seem reactionary and in [cover your a--] mode.”
Larry Summers warns global economic risk approaching pre-Great Recession level
September 29, 2022 | 2:32pmSummers detailed his concerns one day after the Bank of England was forced to intervene to stabilize the United Kingdom’s cratering economy — an event that some saw as a...
'Misery index' shows Democrats face midterm rout as voters rage at Biden
August 1, 2022 | 4:42pmVoter rage at President Biden over the state of the economy could cost Democrats 40-plus seats in Congress and control of both chambers, a study says.
Here's your chance to own 'authentic' swag from this infamous Wall Street firm
August 14, 2021 | 2:36pmThe hawke told The Post he had the "opportunity" to load up directly from Lehman's stash of promotional gimcracks soon after the firm's ignominious collapse in 2008.
Supreme Court rules Trump has unfettered power to fire officials
June 29, 2020 | 1:11pmA divided Supreme Court on Monday put the brakes on Congress’ attempt to limit the president’s power to remove executive branch officials in a win for President Trump. The justices...
Career lessons learned from the Great Recession of 2008
May 17, 2020 | 10:44amIf you think COVID-19 has screwed up your career even before you’ve had one, join the crowd. Some 20.5 million people have lost jobs or had employment opportunities disappear over...
White House official's unemployment prediction purposefully missed the mark
April 27, 2020 | 10:21pmEverybody must have done this when they were a kid. You are doing poorly in a class, so you warn your parents that you are doing even worse than you...
Coronavirus shutdown creates pop memorabilia boom, auctioneer says
March 17, 2020 | 4:31pm"We're 10 times where we'd normally be at this time with auctions because of the interest," says Darren Julien.