Six years into expansion following the 2001 recession, the post-Y2K collapse of the stock-market bubble and the terrorist attacks of Sept. 11, 2001, the economy is sharply slowing...
"Wall Street Falls on Mortgage Unease" read the headline of an Associated Press story posted on Yahoo Finance just after the markets closed on Monday of this week...
A temporary freeze on interest rates on some subprime mortgages may please homeowners and lenders, but the investors who bought securities backed by those mortgages soon may be on the phone to their lawyers...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.