The United States is mired in a financial fiasco unlike anything seen since the Great Depression. But how will it all shake out is anybody's guess. Meanwhile, the crisis has become global, with banking institutions around the world poised to fail. From Wall Street to Main Street, we look at the psychology, sociology and economics behind the news.
Explore Economy
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- Can First-Time Home Buyers Save the Economy?
- Last summer, many Americans stayed home. This summer, we might buy one.
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- How to Bring Back that Lovin' Feeling
- Variety is more than the spice of life. Recalling variety is the key to bringing back that loving feeling for old experiences that now bore us.
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- Dream Deferred: Americans May Never Retire
- A lot of folks are looking at working beyond traditional retirement age, but that's not all bad.
More Economy News and Information
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New Gold Rush: Party Like It's 1849
With gold prices over $900 and jobs scarce, a new gold rush is on.
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Bronx Zoo Fights for Funding with Video Starring Porcupine
A NYC-based zoo agency has released a video starring a porcupine to convince state legislators to fully fund zoos in 2010.
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Economic Recession Means Fewer Shark Attacks
Tighter budgets mean fewer trips to the beach and less chances to get bit by a shark.
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Recession to Fuel More Family Murder, Suicide
The murder-suicides of a family in Ohio and another in California might be the tip of the iceberg.
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Obama's Science Agenda: Aggressive and Daunting
Holdren, Chu, Browner and other officials have a lot on their shoulders.
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Can Obama Save the Planet?
The new president promises to tackle global warming. It possible? Necessary?
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College Remains Key to Prosperity
It's more true than ever — to college will increase your income, a sociologist says.
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Sick of Main Street, Going Green and Year-End Roundups
Many of us would now like to look ahead to what we hope will be better times.
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History Repeats: How 2008 Reflected the Past
For all the talk about change, everything old seemed oddly new again in 2008.
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Black Friday and Cyber Monday: Shoppers Win This Year
Bargain-hunting in current economic climate could force stores to lower prices more.
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Bank Run: How Ginko Financial Went Down
Virtual economies in games can provide lessons on the patterns of free markets and unfettered capitalism.
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Shoppers Willing to Pay More for Green Gifts
Survey: 44 percent of consumers are willing to pay extra for "green" gifts.
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Fast Food Loaded with Corn
Feed for beef and chicken comes from corn, as does corn oil used in fast food.
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Top 5 Halloween Myths Debunked
In the darkness of the strange holiday of Halloween, five myths and urban legends can be debunked.
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Out of Thin Air: How Money is Really Made
Money grows because of lending and faith.
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Monopoly Brings Out the Worst in People
We had some folks over to play Monopoly, but then the bottom fell out of the game.
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Economics Concept Explains Brain Mystery
Economic theory is revealing how information flows through the brain
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How the Financial Debacle Might Power the Future
With tax credits and the credit crunch, the renewable energy market is being pulled in two directions.
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The Financial Fiasco: Emotional, Irrational, Inevitable
The global financial crisis of 2008 comes as no great surprise to people who study human behavior and decision-making.
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When Are We in a Recession?
When the economy takes a slide into the toilet and stays there for many months.
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Financial Fears Outweigh Terrorist Threat
Most Americans believe the current financial crisis poses a greater threat than terrorism.
Economy Features
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