Announced job cuts last month soared to levels not seen since the pandemic in the wake of Elon Musk’s efforts to hollow out the federal workforce. Efforts to hollow out the federal workforce by Elon Musk and his Department of Government Efficiency (DOGE) have resulted in a dramatic rise in layoff announcements.

Economist Harry Dent is still expecting a recession to hit the U.S. economy in 2025, but signals that mass illegal immigrant deportations will bring it "quicker" and "sooner."

Consumers are concerned that President Donald Trump’s tariffs on Canada, China and Mexico will raise prices. So you might not know that Trump and Elon Musk are working to decimate the Consumer Financial Protection Bureau.

Cordray gave a talk online earlier this fall, during which he drew comparisons between the nature and effects of the current financial crisis and those of the Great Recession of 2008. He spoke with the Boston College Chronicle following his remarks.

From the time the Great Recession started in late 2007 until it officially ended in 2009, the richest 1 percent of America saw its income drop 36.3 percent, according to a new report by economists ...

It took the recession and a wave of foreclosures before Congress acted to require simpler mortgage-disclosure forms. That task was assigned to the CFPB, the brainchild of Sen. Elizabeth Warren (D ...