Time Period: December 2007 - June 2009Duration: 18 monthsGlobal GDP: -5.1%Global Unemployment Rate: 10%Similar Instance: The 1930s Great DepressionThe Great Recession was an economic decline era which...
On Sunday, the Federal Reserve revealed its plan to purchase limitless assets as a new measure to stimulate the economy and keep the markets functional through its open-ended asset purchase program.Th...
For different purposes, many 401(k) account holders seek to withdraw cash from their retirement plans to meet other pressing needs. While it is not advisable to take out of your retirement accounts, 4...
The House Democrats presented a $3 trillion coronavirus pandemic relief to the House on Tuesday. The relief package is meant to serve as second-round support to provide financial aid to American citiz...
Square (SQ) posted its fiscal second-quarter results on Tuesday. Following the announcement of its better-than-expected quarterly earnings results, shares of the company soared as high as 11% in after...
At the beginning of August, about 32% of Americans still had outstanding housing payments, according to Apartment List. As September draws near, Congress continues to debate on what to include and th...
The U.S. Internal Revenue Service (IRS) Wednesday postponed the tax filing deadline from April 15 to May 17 to give taxpayers more time to file their returns and settle bills.“This continues to be a...
The airline industry continues to decline and employees losing their jobs by the day, despite the U.S. labor market showing signs of recovery. Tens of thousands of airline employees have lost their jo...
The House on Wednesday the 10th of March 2021, gave the final vote to the $1.9 trillion COVID-19 relief package that will deliver $1,400 stimulus checks to millions of Americans, to broaden enhanced u...
The news of the Trump administration’s economic stimulus package has caused excitement all over the US as both individuals and businesses will partake in this movement. In a press conference on Tues...