Financial crisis

people at building entrance

The risk of banking ‘contagion’ 

Economics

Investors worry that the problems at a handful of American banks could ripple across the world economy and unexpected surprises may be lurking. But this is not 2008. Regulations in the US and Europe are much stronger today than they were 15 years ago. 

Double the usual number of fishing boats are seen at the Dikkowita Fisheries Harbor, a main harbor in the Colombo area of Sri Lanka

Sri Lanka’s fuel shortage is hurting the country’s fishing industry

Economics

Kurt Gets Colberted

Arts, Culture & Media

Not Too Big To Fail

Arts, Culture & Media

Poetic Recycling

Arts, Culture & Media

Adam McKay on “The Big Short”

Arts, Culture & Media

The director of “Anchorman” and “Talladega Nights” switched gears in his latest movie, “The Big Short,” about the 2008 economic meltdown. 

Three women walking on the sidewalk.

A family of lawyers fought to clear their name. Now their story is in an Oscar-nominated documentary.

Media

A small, family-owned bank in New York City’s Chinatown faced nearly 200 counts of mortgage fraud — the only company ever criminally charged in the aftermath of the 2008 financial crisis. “Abacus: Small Enough to Jail” chronicles the legal battle fought by the Sung sisters.

greece crisis austerity bailout

Explainer: My Big Fat Greek Debt

Economics

To understand Greece’s debt crisis you need some context for how things got so bad for Greece. We break it down to the simplest terms possible.

Grafton Street is a principal shopping street in Dublin's city center.

Ireland looks to close a major tax loophole, but some Irish want to keep the money flowing

Finance

An improving economy and declining unemployment mean that Ireland is finding its footing again, and looking to close a controversial loophole that let huge corporations avoid taxes there. But some Irish people think all’s fair in love and finance, and want the so-called ‘Double Irish’ to stay.

The word 'Bankruptcy' is seen painted on the side of a vacant building by street artists as a statement on the financial affairs of the city on Grand River Avenue in Detroit.

Detroit’s bankruptcy bogs down when European banks dig in their heels

When Detroit declared bankruptcy in July, the repercussions were felt around the globe. In fact, some European banks are emerging as major road blocks on the city’s drive to solvency.