The 2008 financial crisis was one of the most devastating financial episodes in modern history. It caused massive job losses, home foreclosures, company closures, and a global recession. Structural ...

The United Auto Workers (UAW) union has won back several concessions it made to three major automakers in the wake of the 2007-2008 financial crisis, after reaching tentative agreements with all three ...

The 2007 implosion of two Bear Stearns hedge funds that invested in risky mortgage bonds led to the wider crash of the financial system, and as it turns out years later, a fairly sizable and eyebrow ...

Aug. 14 (UPI) --Swiss bank UBS Global said Monday it will pay a fine of more than $1.4 billion to U.S. authorities to settle charges that it sold risky residential mortgage-backed securities in the ...

NEW YORK (AP) — UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 ...

From left: Securities and Exchange Commission Chair-designate Paul Atkins; Comptroller of the Currency-designate Jonathan Gould; Assistant Secretary of Treasury-designate Luke Pettit; and Marcus ...

Longer-term U.S. Treasurys are experiencing a bear market longer than what stocks endured during the 2000-02 dot-com crash and the 2007-08 financial crisis, according to DataTrek Research. It has been ...

The 2008 financial crisis is one of the most significant financial and sociopolitical events of the 21st century, and its impact was felt by both the film industry and the world at large. While many ...

The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 ...

WASHINGTON — Ray Dalio, the founder of the hedge fund Bridgewater Associates, said Sunday he is "worried about something worse than a recession" if President Donald Trump does not properly handle ...

The Consumer Financial Protection Bureau has been shut down by President Trump, at least for this week and possibly much longer. The agency, created by Congress after the 2008 financial crisis, has ...