GreatRecession

Painless Investing: Why a New Generation Will Dive Into Stocks

Many Americans have been spooked out of the stock market by Great Recession and its aftermath. But despite their apprehensions, the children of the baby boomers are actually eager to jump into stocks -- primarily because they weren't burned personally by the crash.

Money, We Need to Talk: Investors Demand More Broker Contact

Good communication is key in determining how pleased clients are with their brokers, and there has been a dip in satisfaction. But its not because advisers are communicating less with their clients than they did before the recession. Actually, it's quite the opposite.

Why You Should Be Happy About 2.2% GDP Growth

The federal government says GDP grew at a 2.2% rate in the first quarter, and many pundits are calling that number a disappointment: Here's a primer on exactly what the GDP growth rate is, and why 2.2% is nothing to be bummed about.

5 U.S. Businesses That Ought to Be Ashamed of Themselves

In contrast to the many U.S. companies we should view with pride, some have behaved in ways that are downright evil. For their exploitative behaviors, these businesses have earned their seats on the corporate netherworld's board of shame.

Natural Gas: The Industry That Could Save America

The American economy is in the throes of the longest, most protracted recovery since the Great Depression. But there is an industry offering a beacon of hope, and it could soon serve as the tipping point that gets America back to work: natural gas.

New College Grad? Hope You Learned to Tend Bar

When history tallies up the biggest losers of the Great Recession, it's not hard to guess who will top the list. Facing a brutal job market, plummeting wages, and a mountain of debt, many recent college grads have fallen behind before they've officially started their careers.

Penn Badgley: Investing Is 'Greek to Me'

The actor who stars in "Margin Call," a film about high finance confesses that he doesn't believe in investing, confesses his ignorance about "the system" and explains why he's taking up the Occupy Wall Street cause.

Financial Landscape: Post-Recession Blues; Qwikster Nixed

American household incomes have fallen more since the recession ended than they fell during it, a new study reveals; EU leaders say they have a plan to solve the sovereign debt crisis; and Netflix has declared its big Qwikster plan dead on arrival.

U.S. Stock Market Poised for Another Huge Drop

The bad news is that the stock market, as measured by the S&P 500, sits at 1,131, a low point it hasn't traded near consistently since late 2009. The worse news is that there's every reason to believe it will decline further to below 900, back to levels it hit around March 2009.

Great Recession Created a Historic Racial Wealth Gap

The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among racial groups in America: The median wealth of white households is 20 times that of black households, and 18 times that of Hispanic households. The main culprit in minority wealth loss? The housing bust.

U.S. Consumers: Done Spending, or Ready to Restart?

Consumer sentiment is at its lowest level in two years, while the so-called "Misery Index" stands at a three decade-high. And it's true: Americans aren't spending as robustly as they once were. But when you look at the numbers, it becomes clear that U.S. consumers aren't down for the count just yet.

10 Hard Facts About America's Economic Recovery

As President Obama took part in his first-ever Twitter-facilitated town hall, jobs and the economy were high on the agenda. In line with those themes, the nonpartisan Economic Policy Institute held a little get-together of its own to outline 10 key facts about the recovery and what's really wrong with the economy.