In the years since the Great Recession, when housing prices dramatically fell, Wall Street investors have been buying large numbers of single-family homes to use as rentals. As of 2022, big investment firms owned nearly 600,000 ...
Social Sciences
Oct 26, 2023
1
5
(AP) -- Advanced Micro Devices Inc. narrowed its third-quarter loss slightly, as the chip maker's remaining stake in factories it spun off last year dragged down the results.
Business
Oct 14, 2010
0
0
Philip Hsiang and his wife, Mary Ann, used to pay almost $1,000 a year for a pair of cellphones under a family plan contract.
Telecom
Feb 22, 2013
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3
Two economics professor have modified a commonly used bank assessment tool to make predictions about a national or global financial crisis. In their paper published in Proceedings of the National Academy of Sciences, Nobel ...
While some people are concerned about America's falling birth rate, a new study suggests young people don't need to be convinced to have more children.
Social Sciences
Jan 12, 2023
0
42
(PhysOrg.com) -- When Japan was hit with a major economic downturn in the 1990s, it affected architectural and construction practices in Japan. Those seeking lessons applicable to related industry practices in the U.S. during ...
Other
Mar 9, 2009
1
0
(Phys.org) —The drop of Detroit's population is well documented, but a Michigan Technological University researcher says there is a surprising kernel of information in the decline.
Social Sciences
May 30, 2013
1
0
After a long, steady decline in national suicide rates, those numbers began steadily ticking up in the late 1990s and have generally risen ever since, with nearly 50,000 people in the U.S. taking their own lives in 2022, ...
Social Sciences
Feb 15, 2024
1
60
The protracted and uneven recovery from the Great Recession has led most Americans to conclude that the U.S. economy has undergone a permanent change for the worse, according to a new national study at Rutgers. Seven in 10 ...
Economics & Business
Aug 29, 2014
16
1
What happens to renewable energy programs in a country that gets whacked by a full-scale debt crisis, like the one that struck Greece beginning in 2009—do the programs whither and die in the winds of austerity? And how ...
Energy & Green Tech
Aug 14, 2013
2
0
In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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