The Latest Breaking News from the Great Depression

Almost a third of grandchildren (30%) say their grandparents passed down "financial and money-saving advice."

PHILADELPHIA — The oldest living Wimbledon champion doesn’t take in much tennis anymore. It bores him. Too much power. Too many booming serves and baseline rallies. When Vic Seixas was learning the sport in Overbrook Park during the dawn of the Great Depression, working as a ball boy at the…

BEIJING: A prominent Chinese financial journalist who has compared the country's economic problems to the Great Depression has been banned from social media.

The Department of Agriculture estimates the lowest totals in 90 years.

The UK economy unexpectedly shrank by 0.3% in March, according to the Office of National Statistics. And though the country is likely to narrowly avoid an official recession in 2023, just as it did the previous year, the economy is projected to hit the worst growth rates since the Great…

Berkshire Hathaway's Munger criticized investors who trade like they're "gambling" and said it causes harm like the Great Depression.

Decades ago, when the late Harry Reid was relatively new to the upper chamber, a book arrived at our offices courtesy of the Democratic senator. It was “The Farm Fiasco” by libertarian author James Bovard, a piercing work that critically examined the labyrinth of subsidies, handouts, pork and market distortions…

The failure of Silicon Valley Bank on March 10, 2023, came as a shock to most Americans. Even people like myself, a scholar of the U.S. banking system who has worked at the Federal Reserve, didn’t expect SVB’s collapse.

Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.

Why deposit insurance matters: Without it, America's press secretary had to put his money under a mattress in the 1930s.

It was a scene straight out of the Great Depression: a major California bank locking its doors and pulling down the shades as a horde of panicky depositors demanded their money.