Discover the key causes of the 2008 financial crisis, including leverage, risk, and valuation, and learn how such upheavals impact the global economy.

Discover how monoline insurance companies enhance credit through credit wraps, their role in the 2008 financial crisis, and the risks they faced during the downturn.

Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.

Treasury Secretary Scott Bessent announced the changes to the Financial Stability Oversight Council's mandates ahead of a meeting of the watchdog that he is scheduled to chair Thursday afternoon.

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 ...

Like other banks that were damaged during the crisis, Bank of America has struggled to get its stock price back to the highs seen when George W. Bush was still president. Citigroup shares also haven’t ...

Consumer sentiment fell again in September and is now at the level it was during the outset of the 2008 financial crisis, a remarkable dynamic driven by inflation. Consumer sentiment fell to 55.1, ...

The movie The Big Short—dramatizing the reckless behavior in the banking and mortgage industries that contributed to the 2008 financial crisis—captures much of Wall Street's misconduct but overlooks a ...

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 ...