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The famed investor's company threw the bank a $5 billion lifeline in 2008, but only cashed out last quarter.
UK's economy shrank at the fastest rate since the 2008 financial crisis in the first quarter of 2020, the Office for National Statistics said.
Warren Buffett has weathered multiple market crashes. Here are his 10 best quotes about investing in tough times.
"When hamburgers go down in price, we sing the "Hallelujah Chorus" in the Buffett household."
The index dropped from February to March before retracing half of the plunge in April. It's 2008 trend suggests another month of declines is coming.
‘A fool’s game’: 4 economists break down what it’s like forecasting the worst downturn since the Great Recession
"I come at this with a huge amount of humility as anyone should. These numbers have been a moving target," said Heidi Shierholz of the EPI.
A hedge fund manager who dominated the last financial crisis posted a 26% loss during March’s violent sell-offs, new report says
Ali Lumsden posted a 73% gain betting against the mortgage market in 2007, but his securitized credit positions recently soured amid the pandemic.
The $2 trillion coronavirus rescue package is more than double the size of Obama’s stimulus plan — but it may only salvage the economy for...
The relief bill may be only a down payment toward restoring the nation's economic health if the outbreak stretches into the summer.
"The best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis."
Trump wants to restart the US economy ASAP because he’s afraid the tanking stock market will hurt his reelection chances, new report says
Trump has long touted the economy as his main argument for reelection. The pandemic threatens to upend that dynamic.
An investor who started her career right before the 1987 stock crash breaks down the parallels she sees with today’s coronavirus-stricken market...
Market movements in the last few weeks have felt like "an ugly mashup" of what happened in 1987, after 9/11, and in 2008, Liz Ann Sonders said.