United States housing bubble

The World

A possible moratorium on foreclosures

At least 40 states’ attorneys general across the country will launch an investigation into the mortgage servicing industry today, which will possibly result in a push for a national moratorium on foreclosures.

The World

Government considers next moves for Fannie and Freddie

Global Politics
The World

Government’s role in country’s ever-collapsing housing market

Global Politics

Plans to Reform Fannie Mae and Freddie Mac on the Horizon

Spaniards take to streets to call for reforms in country’s eviction law

New book casts America’s economic future in strikingly positive light

Daniel Gross’ new book “Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy,” has a more optimistic take on the U.S. economy and its current state.

Weak demand for new workers keeps long-term unemployment high

Long-term unemployment numbers are the highest they’ve been since the Great Depression. Unfortunately, it is still difficult to find a job in this economy, and experts are predicting that’s not going to change anytime soon.

Obama implements limited student loan forgiveness, other changes to payment plans

Global Politics

President Barack Obama used his executive authority this week to make it easier for those struggling under student loans to make payments.

Credit default swaps on European debt in billions

American financial institutions placing bets on whether European countries will default on debt could be on the hook for billions of dollars.

Why recessions can be good for the economy

Recessions are tough on workers, but lots of unemployment can also lay the groundwork for a better economy in the future.