The Financial Crisis Archive

Financial Web Sites Traffic Booming

Tuesday, April 7th, 2009

The financial crisis has people flocking to the Internet for the latest money news along with tips on how to salvage investments and save on the routine costs of living. Visits to websites such as the business-centric Wall Street Journal and economy-focused Yahoo Finance set new records as the US Congress ... Continue reading

10 Status Symbols We Hope Disappear in the Recession

Monday, January 12th, 2009

If the financial crisis has a silver lining it is the decline and fall of the overpriced, over-hyped status economy. Getty Images You know, the one built on bling and Hummers and Louis Vuitton for the masses. The past decade may have had its excesses, but none were as stupefying as the ... Continue reading

Millionaires Lose 30% of Their Fortunes

Thursday, January 8th, 2009

American millionaires have lost about a third of their wealth during the financial crisis, according to a new survey. Getty Images The study, by Spectrem Group, the Chicago-based wealth-research firm, found that households with a net worth of $1 million or more say their assets have declined 30% or more. Nearly one-fifth ... Continue reading

5 Tips To Help Protect Yourself In These Economic Times

Sunday, October 19th, 2008

Great!! The government has bailed out Wall Streets and the failing brokerages from further damage with a 700 billion bailout plan. But what about us little people who work everyday to support our families! What should we be doing? It the past few months many Americans are more concerned that ... Continue reading