Who was really responsible for the catastrophic hosing collapse of 2008? According to celebrated economist Thomas Sowell, there’s plenty of blame to go around – and both Wall Street and the government share responsib...
The official end of the Federal Reserve’s third round of Quantitative Easing came in October 2014, and as the dust settles, financial experts are still debating just who benefited the most from that massive economic bo...
And you thought there was just one US housing market. Turns out, there are many regional versions that make up the national market whose ups and downs are being closely monitored after the massive collapse of a few years...
The looming student debt “bubble” has undergone some much-publicized comparisons to the housing bubble that burst so spectacularly a few years ago. Now, though, a new study suggests that across the board, college gra...
The Federal Reserve’s stimulus plan was designed to improve conditions at home. But now that the Fed is moving forward with tapering it down in 2014, a meeting of the world’s leading monetary policy makers in Sydney ...
More dirty laundry continues to air in the mortgage lending industry as US Department of Justice investigations keep leading to more charges of bad loan practices against the nation’s biggest banks. The latest round ha...
What a difference $10 billion makes. After announcing in December 2013 that it would taper off its stimulus plan from $85 billion in securities purchases a month to $75 billion, the Federal Reserve has just released plan...
It sounds like something from a science fiction movie: a shadow world that exists alongside the one we know. But “shadow banking” – an unregulated, opaque world of financial dealings that functions alongside usual ...
It’s the kind of publicity Bank of America doesn’t need right now: a German –born intern at one of the bank’s London branches died after a long stretch of workdays without a break. So BofA, like other scandal-pla...
It seems like old news by now. Charges, suits and settlements against the nation’s megababks for mortgage fraud dating back to the days of the housing bubble and subsequent crash keep making headlines with dismal reg...
