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The US federal government could soon spend more on interest for its debt then on the military with interest payments to make up 13% of the federal budget a decade from now, The New York Times reported.
A $736 billion investor that survived the stock-market crash of a lifetime has 3 simple pieces of advice for anyone who’s just starting out
Martin Gilbert, the co-CEO of Standard Life Aberdeen, a $736 billion asset manager and the largest active manager in the UK, recently shared with Business Insider three things he thought investors could learn from the 2008 crash — especially those who weren't there.
The next bear market in the United States is likely to be caused by a spike in 10-year Treasury yields and would risk setting off a $10 trillion crash in US household assets, according to Martin Feldstein, the president emeritus of the US National Bureau of Economic Research.
GM, Ford, and Chrysler almost died a decade ago during the financial crisis — here’s how the auto giants have changed since
The US auto industry almost died a decade ago amidst the worst financial crises since the Great Depression, Each of the "Big Three" automakers — Ford, GM, and Chrysler — took their individual path to recovery.
The Treasury Secretary’s hectic schedule after Lehman Brothers’ collapse illustrates the chaos of the financial crisis
Saturday marks exactly 10 years from the collapse of Lehman Brothers, the biggest bankruptcy in the history of the United States, and the defining event of the financial crisis. Treasury secretary Hank Paulson's schedule from the days after the collapse show how truly crazy it was.
It was just 11 years ago.
The ex-Barclays CEO once dubbed the ‘unacceptable face of banking’ thinks banks should be taking more risks today
With the 10-year anniversary of the collapse of Lehman Brothers just two days away, many key figures from the financial crisis have taken the opportunity in recent days to reflect on their part in it — Bob Diamond included.
A ‘Million Dollar Listing’ star got into real estate at the peak of the 2008 recession, and he’s convinced it was key to his success...
Ryan Serhant got his real-estate license a decade ago, at the start of the 2008 financial crisis. Serhant said he was broke at the time and had nothing to lose. His team is now the No. 1 real-estate team by sales volume in New York City.
One of the City’s most powerful figures backs calls for ‘fundamental reform’ to the UK economy — after damning report on child...
A 'fundamental reform' of the UK economy as radical as Labour’s post war Keynesian reforms and Thatcherism in the 80’s is needed to address inequality and failure to raise living standards in the UK since the 2008 financial crisis, a report on the economy has said.
Former Lehman Brothers staff are hosting a secret party on the 10-year anniversary of the bank’s collapse
The collapse of Lehman Brothers in September 2008 was undoubtedly the most memorable moment of the devastating financial crisis that struck between 2007 and 2009.