How 'houses as ATMs' feed a recession

For most Americans, their home is their most valuable asset, so it makes sense to borrow against the equity to obtain cash. In lean times, that money can be spent on consumption, which keeps the economy humming along. But ...

Economic recovery kept more robots from eliminating jobs

A strong economic recovery over the past decade has saved many jobs and slowed automation in the United States, but a new report says less-educated, younger and minority workers in the Midwest manufacturing industry are being ...

The impact of consumer finance reforms since the Great Recession

In an important new article, University of Pennsylvania Law School Professor Natasha Sarin deploys original empirical research to examine the impact of key consumer finance reforms implemented in the wake of The Great Recession. ...

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