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Debt default would cost 6 million jobs, push jobless rate to 7 percent: analysis
The Hill via Yahoo News· 1 year agoThe U.S. economy could suffer an economic hit comparable to the 2007-08 financial crisis and...
Moody’s Economist Calls Debt Ceiling Breach ‘Immediate Threat’ — Millions of Jobs on the Line
GOBankingRates via Yahoo Finance· 1 year agoA leading U.S. economist has painted a bleak economic picture if Congress is unable to reach a debt...
U.S. job growth strong in October, but cracks emerging
Reuters via Yahoo News· 2 years agoU.S. job growth increased more than expected in October, but the pace is slowing and the...
Banking crisis has ‘definitely’ tipped the U.S. closer to recession, warns top Fed official who was...
Fortune via Yahoo Finance· 1 year ago“Not all of these stresses are behind us," warns Minneapolis Fed President Neel Kashkari, the former...
Op/Ed: Abandoned houses are a problem in Indiana, land bank bill could help reduce blight
IndyStar | The Indianapolis Star via Yahoo News· 1 year agoIn 2007, the subprime mortgage market collapsed and in the following year (2008) it brought the housing market with it. In 2014, the U.S. Treasury created the Blight Elimination Program using ...
Biden taps new FDIC chief after sexual harassment scandal
The Hill via Yahoo News· 22 hours agoPresident Biden announced Thursday he would nominate Christy Goldsmith Romero, a member of the...
The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were...
Fortune via Yahoo Finance· 1 year agoMost people don’t think about the Federal Reserve very often, and only a select few contemplate the...
What is a bank bailout?
Bankrate via Yahoo Finance· 1 year agoThe 2023 failures of Silicon Valley Bank (SVB), Signature Bank and First Republic Bank marked some of the largest bank failures in U.S. history. In the...
Bailouts get a bad rap
Yahoo Finance via AOL· 1 year agoFact one: Of course it’s a bailout! Fact two: Any president, of any party, would have done the same thing. You might be feeling miffed about the...
Pennsylvania trashing pandemic gear as huge, costly stockpiles linger and expire
WHTM via Yahoo News· 6 months ago(AP) – When the coronavirus pandemic took hold in an unprepared U.S., many states like Ohio...