Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
michaelwest9h
Wealth inequality. Housing cost is hollowing out middle Australia
Life has never felt harder for middle Australia, yet we are, on average, amongst the wealthiest people while inequality is on ...
US Recession Warning Issued by Economist Who Predicted 2008 Financial Crisis
John P. Hussman, who correctly called the 2000 and 2008 declines, said a recession might hit the U.S. economy as soon as in ...
The Big Issue15d
Is the cost of living crisis over and will prices in the UK ever come down?
Before that was in 2009, during the global financial crisis, but economists disagree on the details as only one measure of prices was negative. You have to go back to 1960 to find another example of ...
Cfr.org21d
Puerto Rico: A U.S. Territory in Crisis
The 2007–08 global financial crisis hit Puerto Rico especially hard, with the recession further lowering tax revenues, souring an early 2000s construction boom, and giving investors pause.
Metro21d
ITV facing ‘cash crisis’ amid wave of Coronation Street and Emmerdale cast exits
ITV are reportedly facing a ‘budget crisis’ amid a number of departures for Coronation Street and Emmerdale. In the past few months, a variety of stars from both shows have either left the ...
The Independent24d
London stock market hit by biggest exodus since global financial crisis
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...
Reason24d
Fareed Zakaria, "The Crisis of Democracy Is Really a Crisis for the Left" / "Why Is the Left Flailing? Look at New York vs. Florida"
An interesting column yesterday in the Washington Post. An excerpt: The crisis of democratic government then, is actually a crisis of progressive government. People seem to feel that they have ...
The Financial Times26d
Where the next financial crisis could emerge
Much of this growth has taken place against the background of ultra-low interest rates since the 2007-08 financial crisis. McKinsey points out that roughly two-thirds of the total return for ...
Mint26d
Himachal Pradesh financial crisis: CM Sukhvinder Sukhu urges well-off consumers to give up electricity subsidy
The move comes amid financial crisis in the Congress-ruled state. The Chief Minister emphasised that affluent citizens with multiple electricity meters should relinquish subsidies to support the ...
Al Jazeera English27d
PA’s brutal siege on Jenin only deepens its crisis of legitimacy
None of this bodes well for the longevity of a leadership already suffering from a crisis of legitimacy for its failure to take a meaningful stand against the ongoing genocide in Gaza. The views ...
Yale Environment 36028d
Ratings Agencies: The Forgotten Constituency of Financial Crisis Interventions
Downgrades are a regular consequence of bank runs and other financial panics and can themselves contribute to a crisis. Downgrades can trigger contractual provisions that force banks to produce ...