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Great Recession

Divided Decade

So, you're graduating into a financial crisis ...

by Carrie Barber
May 21, 2018
Here's what notable speakers had to say to the classes of 2009 and 2010, when job opportunities were scarce.
Photo by Christopher Furlong/Getty Images
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Home equity loans are back, but not at the levels seen before the financial crisis

by Nancy Marshall-Genzer
May 11, 2018
Home equity loans have become harder to obtain since the financial crisis.
A for sale sign is seen on a single family home January 30, 2008 in Vallejo, California.
Paul Morris/Getty Images
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Divided Decade

Teacher uprising has roots in recession

by Amy Scott
Apr 30, 2018
In many states, education budgets haven't fully recovered.
An Arizona teacher holds up a sign in front of the state Capitol during a #REDforED rally on April 26, 2018, in Phoenix.
Ralph Freso/Getty Images
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Divided Decade

The rent is too damn high, according to a new Pew report

by Kai Ryssdal and Maria Hollenhorst
Apr 19, 2018
Since 2001, rental price increases have outpaced median household income growth.
Justin Sullivan / Getty Images
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Divided Decade

Did the government meddle too much during the financial crisis?

by David Brancaccio
Mar 13, 2018
The former head of the Federal Deposit Insurance Corp. shares her perspective.
 Sheila Bair.
Chip Somodevilla/Getty Images
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Inflation pressure evident at producer level

by Mitchell Hartman
Feb 15, 2018
The producer price index for January rose 0.4 percent month-to-month, and 2.7 percent year-to-year. Core producer prices, excluding volatile food and energy prices, were up 2.2 percent year-to-year. Producer prices remained muted after the Great Recession as economic growth was sluggish, but upward price pressure appears to be building at both the wholesale and retail […]
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Divided Decade

U.S. mortgage debt rises to $8.8 trillion

by Sabri Ben-Achour
Feb 13, 2018
The housing market is turning around.
Protesters work on a prop in Freedom Plaza as they prepare for a rally against big banks and home foreclosures in Washington, DC, May 20, 2013. 
JIM WATSON/AFP/Getty Images
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Divided Decade

How a red-hot housing market became a crisis

by Sabri Ben-Achour
Jan 25, 2018
Lessons learned from the Divided Decade.
A builder works on a new home at a subdivision in North Aurora, Illinois, in 2007. Residential mortgage debt doubled between 2000 and 2008 in the U.S.
JEFF HAYNES/AFP/Getty Images
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Divided Decade

The Fed's surprise move 10 years ago set the tone for its crisis response

by Tracey Samuelson
Jan 23, 2018
Ten years ago this week, the Fed unexpectedly slashed interest rates at an unscheduled meeting. It was the first of many "bold" actions by the Fed during the financial crisis.
Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the House Budget Committee Jan. 17, 2008 on Capitol Hill in Washington, D.C. Bernanke was on the Hill to give his views on the outlook of U.S. economy and he said the economy has been growing slow.
TIM SLOAN/AFP/Getty Images
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Divided Decade

Could the Federal Reserve have prevented the financial crisis?

by David Brancaccio and Katie Long
Jan 22, 2018
A look at what the Fed was doing — and wasn't — before the crisis hit the headlines and your bank account.
Traders work on the floor of the New York Stock Exchange January 22, 2008 in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell. 
Stephen Chernin/Getty Images
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