#financial-crisis

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Non-profit organizations
fromIndependent
1 day ago

'Error in judgment' - apology from Vision Ireland CEO for not telling board about watchdog probe into finances

Vision Ireland faced a serious financial crisis leading to emergency board meetings to address payroll and audit concerns.
#bitcoin
fromHackernoon
1 year ago
Cryptocurrency

Carl "Moon" Runefelt Predicted the Market Crash - And It's Happening Now | HackerNoon

fromHackernoon
1 year ago
Cryptocurrency

Carl "Moon" Runefelt Predicted the Market Crash - And It's Happening Now | HackerNoon

fromBusiness Insider
4 days ago

Jamie Dimon scored a win in the debate over private credit risks

I think that people who haven't been through major downturns are missing the point about what can happen in credit, Jamie Dimon said.
Cryptocurrency
fromAlleywatch
4 days ago

Amperos Health Raises $4.2M Seed to Tackle $26B Medical Claims Collection Crisis with AI

Amperos Health's Amanda is the first AI biller designed specifically for healthcare, automating claims collection and denial recovery with over 90% accuracy.
NYC startup
#thames-water
#bankruptcy
fromBusiness Insider
6 days ago
Bootstrapping

My husband and I lost everything in 2008. We created a debt settlement company and now we are worth $50 million.

Bootstrapping
fromBusiness Insider
6 days ago

My husband and I lost everything in 2008. We created a debt settlement company and now we are worth $50 million.

Amber Duncan turned her bankruptcy experience into a successful debt settlement business, achieving millionaire status within two years.
#economy
US politics
fromenglish.elpais.com
6 days ago

Trump plunges the US economy into chaos and uncertainty

Economic uncertainty is heightened due to erratic trade policies, leading to potential recession and global financial crisis.
US news
fromBoston.com
1 month ago

Economist who called 2008 crash sounds alarm over looming financial crisis

Ray Dalio warns that poor management of tariffs by President Trump may lead to worse consequences than a recession.
US politics
fromBusiness Insider
2 months ago

Mark Cuban warns that Trump's tariff plan plus DOGE cuts could lead the country to 'a far worse situation than 2008'

Mark Cuban warns that Trump's trade policies could lead to serious long-term economic damage, possibly worse than the 2008 financial crisis.
#natwest
#insolvency
fromSustainable Bus
1 week ago
Business

Sunsundegui has ceased operations: company's insolvency leads to liquidation and +300 job losses - Sustainable Bus

fromSustainable Bus
1 week ago
Business

Sunsundegui has ceased operations: company's insolvency leads to liquidation and +300 job losses - Sustainable Bus

#trump
#leadership
World politics
fromNew York Post
3 weeks ago

How Poep Leo XIV will end the Catholic Church's 'age of arbitrariness'

Pope Francis left behind a turbulent Church with internal divisions and financial difficulties for his successor, Pope Leo XIV.
World politics
fromNew York Post
3 weeks ago

How Poep Leo XIV will end the Catholic Church's 'age of arbitrariness'

Pope Francis left behind a turbulent Church with internal divisions and financial difficulties for his successor, Pope Leo XIV.
fromwww.cbc.ca
2 weeks ago

Canada Post is in trouble. Here are the facts | CBC News

The Canadian Union of Postal Workers warns that without a new agreement, mail and parcel deliveries could stop, affecting millions across Canada.
Canada news
#ucla
#bear-market
Silicon Valley real estate
from24/7 Wall St.
3 weeks ago

The Big Short's Michael Burry Is Uber-Bearish - Sells Out His Entire Portfolio Except One Stock

Dr. Michael Burry, famous for predicting the 2008 crisis, is currently bearish, recently selling most of his stock holdings except for one investment.
Silicon Valley real estate
from24/7 Wall St.
3 weeks ago

The Big Short's Michael Burry Is Uber-Bearish - Sells Out His Entire Portfolio Except One Stock

Dr. Michael Burry, famous for predicting the 2008 crisis, is currently bearish, recently selling most of his stock holdings except for one investment.
#new-york-city
fromBKReader
3 weeks ago
Brooklyn

More Than 60% of Older Brooklynites Say They Don't Have Retirement Income, Study Says

fromBKReader
3 weeks ago
Brooklyn

More Than 60% of Older Brooklynites Say They Don't Have Retirement Income, Study Says

#budget-shortfall
Miami food
fromMiami Herald
3 weeks ago

'Difficult decisions are ahead': Miami-Dade faces worst budget crunch since '08 crash

Miami-Dade County faces a $400 million budget shortfall, the largest since the 2008 crisis, requiring difficult financial decisions.
US news
fromwww.nytimes.com
1 month ago

L.A. County Expects $2 Billion in Fire Costs, Adding to Budget Woes

Los Angeles County is facing a significant financial crisis driven by wildfires, federal funding cuts, and a multi-billion-dollar settlement.
Miami food
fromMiami Herald
3 weeks ago

'Difficult decisions are ahead': Miami-Dade faces worst budget crunch since '08 crash

Miami-Dade County faces a $400 million budget shortfall, the largest since the 2008 crisis, requiring difficult financial decisions.
US news
fromwww.nytimes.com
1 month ago

L.A. County Expects $2 Billion in Fire Costs, Adding to Budget Woes

Los Angeles County is facing a significant financial crisis driven by wildfires, federal funding cuts, and a multi-billion-dollar settlement.
UK news
fromwww.theguardian.com
3 weeks ago

US reportedly plans to slash bank rules imposed to prevent 2008-style crash

US regulators are likely to reduce bank capital rules, raising concerns of financial instability akin to the 2008 crisis.
fromwww.aljazeera.com
3 weeks ago

Will budget cuts cause the end of the UN as we know it?

The UN is grappling with a historic financial crisis, exacerbated by reduced aid from key contributors like the United States and European nations, leaving millions at risk.
World politics
#automotive-industry
Cars
fromBusiness Insider
3 weeks ago

Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis

Nissan is cutting 20,000 jobs and closing seven factories amid a financial crisis largely influenced by US tariffs.
Cars
fromThe Verge
1 month ago

Tesla's revenue and profits tank amid political chaos

Tesla's financial crisis is worsening, marked by a significant decline in revenue and net income amid rising political and economic uncertainties.
#ligue-1
fromIrish Independent
3 weeks ago

The Indo Daily: Ryan Tubridy, Joe Duffy, Eurovision... is the RTE soap opera back in business?

The ongoing search for clarity surrounding Tubridy's departure is reportedly costing RTÉ a considerable amount of money at a time when they are already financially strained.
UK news
#pope-francis
#fundraising
fromLos Angeles Times
1 month ago

After exam fiasco, California State Bar faces deeper financial crisis

"The question is, how did we come to this place? And how do we make sure we never ever come back to this place?"
SF politics
fromSustainable Bus
1 month ago

Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" - Sustainable Bus

Ebusco's ability to continue operations is at risk due to overdue payables exceeding liquidity and reliance on third-party agreements for payment schedules.
European startups
#economic-impact
LA real estate
fromFast Company
1 month ago

Could climate change trigger the next subprime mortgage crisis?

Climate change is threatening the stability of the U.S. housing market, potentially resulting in widespread financial turmoil.
LA real estate
fromFast Company
1 month ago

Could climate change trigger the next subprime mortgage crisis?

Climate change is threatening the stability of the U.S. housing market, potentially resulting in widespread financial turmoil.
fromIndependent
1 month ago

Michael Fingleton negligently mismanaged Irish Nationwide after failed property and financial 'gambles', High Court hears

The High Court heard claims that Michael Fingleton's negligent mismanagement of the Irish Nationwide Building Society led to its collapse following poor financial decisions and risky property investments.
UK news
fromBikemag
1 month ago

Revel Hints at Hope for the Company's Future While Announcing Huge Sale on Select Inventory

The outpouring of support we've received over the past two weeks has been nothing short of incredible. The effort and energy our customers and supporters have shared has meant the world to us.
Bicycling
Film
fromwww.theguardian.com
1 month ago

Peg o' My Heart review Hong Kong's disordered dream life is focus of Lynchian thriller

The film explores haunting dream imagery in post-2008 Hong Kong, focusing on the psychological turmoil tied to financial distress.
fromwww.theguardian.com
1 month ago

Mother of autistic boy left with 10,000 debt after breaching DWP rules by 1.92 a week

In a cruel and nonsensical system, unpaid carers must repay full benefits if they exceed a strict earnings limit, even by just a single penny.
UK news
#real-estate
Retirement
from24/7 Wall St.
1 month ago

What Happens If the Housing Market Crashes? How to Protect Yourself

The 2008 subprime mortgage crisis was fueled by overleveraged loans masked by political influence.
fromSFGATE
1 month ago
Independent films

With a Recession Looming, Are No-Doc Mortgages Poised for a Comeback?

No-doc mortgages provide a way to secure home financing without standard documentation.
Current no-doc mortgages are available under much stricter regulations compared to pre-2008.
Retirement
from24/7 Wall St.
1 month ago

What Happens If the Housing Market Crashes? How to Protect Yourself

The 2008 subprime mortgage crisis was fueled by overleveraged loans masked by political influence.
fromSFGATE
1 month ago
Independent films

With a Recession Looming, Are No-Doc Mortgages Poised for a Comeback?

Social justice
fromThe Nation
1 month ago

Did You Know Consumer Debt Has Reached an All-Time High?

Americans' personal finance struggles are deepening as consumer debt hits record levels, paralleling a growing national budget deficit.
#consumer-protection
Fundraising
fromNew York Post
1 month ago

Cash-strapped Hamas too broke to pay fighters as Israel cracks down: report

Hamas faces severe financial struggles, impacting fighter payments and recruitment amid ongoing Israeli offensives and halted humanitarian aid.
SF politics
fromwww.housingwire.com
1 month ago

The evolution and future of appraisal regulation

The 2008 financial crisis exposed critical inefficiencies and regulatory weaknesses in the appraisal industry, which continue to persist despite legislative efforts.
fromwww.theguardian.com
1 month ago

To understand this government, look at who it bailed out and the flailing UK sector it didn't | Gaby Hinsliff

The University and College Union warns that up to 10,000 academic jobs may be lost this year, amplifying the ongoing financial crisis in higher education.
UK politics
fromwww.npr.org
1 month ago

Chicago Fed's Austan Goolsbee talks pumpkins and lasagna

"Austan Goolsbee has been pivotal in shaping economic policy post-2008 financial crisis, transitioning from advisor to professor, and now to the President of the Chicago Fed."},{
US Elections
#tariffs
US news
fromtime.com
2 months ago

Global Markets Plunge as Trump Doubles Down on U.S. Tariffs

Global shares plummeted due to increased U.S. tariffs and backlash from Beijing, resulting in massive sell-offs across major markets.
UK politics
fromwww.theguardian.com
1 month ago

Gordon Brown accuses Trump of weaponising' global trade system

Brown warns Trump's tariffs could destabilize global economy, urging synchronized global action similar to 2008 crisis.
US politics
fromwww.mediaite.com
2 months ago

Black Monday!' CNBC's Jim Cramer Says Trump-Fueled Stock Market Plunge Could Be 'The Big Kahuna!'

Cramer warns that the market could face a significant crash likened to Black Monday if no action is taken on tariffs.
US news
fromtime.com
2 months ago

Global Markets Plunge as Trump Doubles Down on U.S. Tariffs

Global shares plummeted due to increased U.S. tariffs and backlash from Beijing, resulting in massive sell-offs across major markets.
UK politics
fromwww.theguardian.com
1 month ago

Gordon Brown accuses Trump of weaponising' global trade system

Brown warns Trump's tariffs could destabilize global economy, urging synchronized global action similar to 2008 crisis.
US politics
fromwww.mediaite.com
2 months ago

Black Monday!' CNBC's Jim Cramer Says Trump-Fueled Stock Market Plunge Could Be 'The Big Kahuna!'

Cramer warns that the market could face a significant crash likened to Black Monday if no action is taken on tariffs.
San Francisco
fromABC7 San Francisco
1 month ago

SFMTA's fare evasion crackdown: Is it paying off amid financial crisis? Here's a look at numbers

SFMTA's increased inspections are effectively reducing fare evasion rates, which peaked at nearly 30% last year, crucial for the agency's financial health.
Business
fromBusiness Matters
2 months ago

Lloyds accused of abandoning small firms as it cut lending after financial crash

Lloyds Bank faces serious allegations of failing to support small businesses post-2008 financial crash despite receiving taxpayer funds.
NYC politics
fromAol
2 months ago

NYC restaurant destination turned into 'war zone' after MTA plants porta potty outside front doors

MTA construction project severely impacts local business viability and owner mental health.
Cryptocurrency
fromwww.nytimes.com
2 months ago

Wall Street's Decision Makers Brace for More Chaos After Markets Plunge

Wall Street faces turmoil due to chaotic tariff rollouts, provoking fear, anger, and anxiety among financiers reminiscent of the 2008 financial crisis.
fromBusiness Insider
2 months ago

The home insurance crisis hits the heartland

The dramatic rate hikes of home insurance are making this critical tool of financial security inaccessible because it’s too costly.
LA real estate
fromNew York Post
2 months ago

NYC widow accuses Lebanese bank of 'stealing' her family's $17.6 million fortune

Raad claims she signed agreements with Bank Audi managers in Lebanon to transfer the money in separate installments of about $2 to $3 million to herself, son and daughter - and paid taxes in America on the full amount while waiting.
NYC parents
#stock-market
fromIndependent
2 months ago

Fionnan Sheahan: Trump slump won't be pleasant, but this is a different beast to the grim days of Celtic Tiger crash

The Irish economy has transitioned from a precarious foundation of a property bubble and bank overleveraging to a more stable environment, focusing on sustainable growth.
UK news
Cryptocurrency
fromHackernoon
1 year ago

Introducing Creditcoin: Your "Trustless" Credit Manager | HackerNoon

The 2008 financial crisis catalyzed the development of web 3 technology, especially cryptocurrency to create fairer financial systems.
UK politics
fromwww.theguardian.com
2 months ago

The Guardian view on special needs education: inclusion must be about more than saving money | Editorial

The looming financial crisis for English councils threatens special education services due to past governmental accounting decisions.
#education
NYC parents
fromwww.nytimes.com
2 months ago

Their Catholic School Went Broke. They Found Another. It Went Broke Too.

All Hallows High School, newly accommodating girls from St. Barnabas, will close due to financial issues, marking a recurring tragedy for students.
NYC parents
fromwww.nytimes.com
2 months ago

Their Catholic School Went Broke. They Found Another. It Went Broke Too.

All Hallows High School, newly accommodating girls from St. Barnabas, will close due to financial issues, marking a recurring tragedy for students.
fromHyperallergic
2 months ago

Brooklyn Museum Pauses Layoffs, But Workers Not Out of the Woods

District Council 37 Executive Director Henry A. Garrido said at the City Council hearing that there is no reason why 47 people should be losing their jobs until we exhaust everything possible, emphasizing the need for thorough exploration of alternatives prior to layoffs.
NYC parents
NYC politics
fromwww.amny.com
2 months ago

Planned Parenthood's New York chapter requests $2.5M from NYC Council to protect care amid Medicaid cuts | amNewYork

Planned Parenthood of Greater New York urgently needs additional funding to maintain critical reproductive health services amid financial challenges.
fromwww.theguardian.com
2 months ago

Scottish voters split over free tuition as university financial crisis deepens

A poll commissioned by the Carnegie Trust reveals deep divisions among Scottish voters regarding free tuition for local students, with 48% favoring contributions from those who can afford it.
UK news
France politics
fromwww.thelocal.fr
2 months ago

OPINION: In the shadow of Putin, France cannot afford to indulge in another pension drama

France's pension age dispute is resurging amidst significant financial challenges, raising concerns about potential domestic unrest alongside international security issues.
fromwww.bbc.com
2 months ago

Inverness Caley Thistle needs new home, says investor

"I've run out of money," he said. "The place is rocking and rolling. I think people are enjoying themselves more... But it needs cash, and there are legacy issues such as the stadium being too big and too costly."
London politics
fromwww.theguardian.com
2 months ago

Nine in 10 councils in England to levy maximum council tax increase

Local authorities across England have faced extensive funding cuts, leading nearly 90% of them to increase council tax by 4.99% to manage rising service costs.
London politics
Privacy professionals
fromBusiness Insider
2 months ago

Google exec's 'most important lesson' from navigating the Great Recession is smart advice today

Identify weaknesses early to prepare for crises.
Ruth Porat emphasizes lessons from the 2008 financial crisis for current economic challenges.
NYC startup
fromThe Verge
2 months ago

iRobot tells investors its future is in doubt

iRobot warns of potential shutdown in 12 months due to debt unless refinancing or acquisition occurs.
Canada news
fromwww.nytimes.com
3 months ago

Will Canadians Warm Up to Mark Carney, the Liberal Party Front-Runner Eyeing Trudeau's Job?

The 2007 financial crisis marked a pivotal moment for Mark Carney, influencing his career and highlighting public trust issues in institutions.
London politics
fromwww.theguardian.com
3 months ago

Town hall leaders condemn ill-thought-out' plan to merge English councils

Local government restructuring plans face strong opposition from council leaders who believe they will worsen financial crises rather than provide savings.
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