Great Recession
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AP News Guide: What the Fed Did Thursday and Why it Matters
WASHINGTON (AP) — The Federal Reserve’s decision Thursday to hold a key interest rate at historic lows will…
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One Way That Going to College Pays Off Less for Black People Than White People
(Slate) – Having a college degree is supposed to insulate you a bit from the worst effects of a recession.…
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Black Children Experiencing Post-Recession Gains
By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA) – Eight years after the Great Recession, Black children are prospering in…
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For Black Homeowners, Great Recession Has Not Receded
By Freddie Allen Senior Washington Correspondent WASHINGTON (NNPA) – Most economists agree that the Great Recession, sparked by the housing…
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Nomura Misled Fannie, Freddie on Mortgage Bonds, U.S. Judge Finds
Nate Raymond and Jonathan Stempel, REUTERS NEW YORK (Reuters) — A U.S. judge on Monday ruled that Nomura Holdings…
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The Fed Has Not Learnt From The Crisis
Steve Keen, FORBES (Forbes)—The Financial Crisis of 2007 was the nearest thing to a “Near Death Experience” that the…
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Parents: Children Will Have It Harder Than They Did
By Jazelle Hunt NNPA Washington Correspondent WASHINGTON (NNPA) – A majority of American parents believe their children will face a…
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Can You Guess Which Bank Americans Are Most Loyal To?
(The Motley Fool) – Let’s face it, consumers probably aren’t thrilled with their bank, but consumer sentiment on the…
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Bernie Madoff Trustee Returns $355 Million More to Investors
NEW YORK (AP) — About $355 million distributed last week to investors cheated in Bernard Madoff’s Ponzi scheme means…
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Income Inequality Rises In all 50 States
By Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Income inequality is rising and it affects workers in…
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