New data shows the financial crisis drastically cut the wealth of households across the United States, which contributed to the recession, slowed the recovery, and hurt the middle class. A report from the Federal Reserve says damage was done mostly by falling home prices between 2007 and 2010. The Chief Economist of the National Association […]
Measuring The Cost of The Financial Crisis
Posted June 12th, 2012 at 1:40 pm (UTC-5)
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Economic Downturn in US Hardest on Minorities
Posted July 26th, 2011 at 10:40 am (UTC-5)
Newly available U.S. government figures show the wealth gap between whites and minorities in the United States has grown to its widest point in 25 years, due to the recent economic downturn. The Pew Research Center on Tuesday released a study of census figures showing that the economic downturn took the biggest toll on Hispanic […]
