LiveScience Topic:
Economy

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.

The market value lost to companies that had Tiger Woods as a sponsor is $12 billion.
Celeste Watkins-Hayes is examining how women cope economically with HIV/AIDS.
Study finds faster rise in U.S. life expectancy during recessions.
When it comes to our philosophy on spending, opposites attract.
Study finds that the stock market's fate rests in the hands of elite institutions.
Study finds half of foreclosed-upon homeowners show depressive symptoms; more than one third suffer major depression.
Obama says we need to innovate. Is America up to the task?
In another nod to the value of science and technology, the president in his weekly radio address Aug. 1 said long-term investments in innovation are needed to ensure the country's long-term economic growth.
Long–term investments in innovation are needed to ensure the country's long-term economic growth.
Science has confirmed what we suspected — financial stress has a way of turning into body fat.
No one likes today's economy but men apparently dislike it more than they did last fall and more than women.
Socialist or capitalist, new research argues that being bailed out feels better than going under.
Last summer, many Americans stayed home. This summer, we might buy one.
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.
A lot of folks are looking at working beyond traditional retirement age, but that's not all bad.
Customers prefer them, and managers frequently hire and set pay based on customer preferences.
The head of GM won't be executed, like he could have been in some parts of ancient Rome.
About $155 billion was invested in 2008 in clean energy companies and projects worldwide.