The financial crisis of 2007–08 was a major shock to the U.S. banking sector. From 2007 through 2013, the number of independent commercial banks shrank by 14 percent — more than 800 institutions. Most of this decrease was due to the dwindling number of community banks. While some of this...

In response to the financial crisis and recession of 2007-09, the federal government enacted a number of emergency fiscal policies intended to aid recovery. These included short-term stimulus measures, such as the American Recovery and Reinvestment Act of 2009, and temporary tax reductions, such...

Unemployment rose dramatically during the 2007-09 recession, peaking at 10 percent in October 2009. It has fallen steadily since then, at times outpacing economists' forecasts. In April, unemployment reached 6.3 percent, about two-thirds of the way back to its prerecession level. Such progress...

Financial advisers commonly recommend that young individuals invest more heavily in risky assets than safer assets. Because of their long time horizons, young investors can expect that long-run gains on risky assets typically will outweigh short-term losses. However, the Fed's Survey of Consumer...

How much does the Fed’s success depend on who’s at the helm?

ildings May Be Getting a Little Taller - Tim Sablik. cks More Accurate Has an Economic Payoff - Charles Gerena. nsiders a Birth Injury Fund - Wendy Morrsion.

Are we losing the fight against next-gen bank robbers?

While more is not always merrier, population growth over the last century has had many positive effects