#financial-crisis

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#insolvency
fromSustainable Bus
3 days ago
Business

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

fromSustainable Bus
3 days 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
1 week 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
1 week 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
1 week 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
#thames-water
London politics
fromwww.theguardian.com
1 week ago

Thames Water chair could face questions after comments to MPs on bonuses

Thames Water's chair faces scrutiny over claims that creditors insisted on executive bonuses amid financial difficulties.
London politics
fromwww.theguardian.com
1 week ago

Thames Water chair could face questions after comments to MPs on bonuses

Thames Water's chair faces scrutiny over claims that creditors insisted on executive bonuses amid financial difficulties.
#ucla
#investing
Silicon Valley real estate
from24/7 Wall St.
1 week 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.
fromHackernoon
1 year ago
Cryptocurrency

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

Silicon Valley real estate
from24/7 Wall St.
1 week 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.
fromHackernoon
1 year ago
Cryptocurrency

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

#natwest
#new-york-city
fromBKReader
2 weeks ago
Brooklyn

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

fromBKReader
2 weeks ago
Brooklyn

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

#budget-shortfall
Miami food
fromMiami Herald
2 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
2 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
2 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
2 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
2 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
2 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
3 weeks 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
4 weeks 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
3 weeks 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
3 weeks 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.
Healthcare
fromBusiness Insider
3 weeks ago

Rite Aid's 2nd bankruptcy is a grim sign for the struggling retail pharmacy industry

Rite Aid is facing its second bankruptcy in under a year due to severe financial and industry challenges.
fromIndependent
3 weeks 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
3 weeks 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
3 weeks 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
3 weeks 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.
3 weeks 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?

Retirement
from24/7 Wall St.
3 weeks 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.
#economy
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
1 month 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.
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
1 month 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.
#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.
#job-losses
Film
fromSFGATE
3 months ago

Hollywood giant lays off hundreds in California amid reported collapse

Technicolor is on the brink of permanent closure due to financial difficulties and job losses.
Film
fromSFGATE
3 months ago

Hollywood giant lays off hundreds in California amid reported collapse

Technicolor is on the brink of permanent closure due to financial difficulties and job losses.
#tariffs
US news
fromtime.com
1 month 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
1 month 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
1 month 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
1 month 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.
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
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.
#cryptocurrency
Business
fromBusiness Matters
1 month 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
1 month 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
1 month 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
1 month 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
#lebanon
US politics
fromWashington Post
3 months ago

Hezbollah facing financial squeeze as supply lines from Iran are severed

Hezbollah faces a financial crisis following the loss of Iranian support and a diminishing political influence in Lebanon.
US politics
fromWashington Post
3 months ago

Hezbollah facing financial squeeze as supply lines from Iran are severed

Hezbollah faces a financial crisis following the loss of Iranian support and a diminishing political influence in Lebanon.
#stock-market
fromIndependent
1 month 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
UK politics
fromwww.theguardian.com
1 month 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.
#layoffs
Arts
fromwww.nytimes.com
2 months ago

Guggenheim Lays Off 20 Employees as Financial Challenges Persist

The Solomon R. Guggenheim Museum is laying off 20 employees, representing 7% of its staff, to address ongoing financial challenges.
Arts
fromwww.nytimes.com
2 months ago

Guggenheim Lays Off 20 Employees as Financial Challenges Persist

The Solomon R. Guggenheim Museum is laying off 20 employees, representing 7% of its staff, to address ongoing financial challenges.
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
2 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.
#local-government
London politics
fromwww.theguardian.com
2 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.
London politics
fromwww.theguardian.com
2 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.
East Bay (California)
fromThe Oaklandside
2 months ago

Oakland budget workshops can help residents understand city finances

Oakland faces a $140 million annual structural deficit over the next two years, impacting public services.
The city is hosting workshops to help residents understand the budget process and provide input.
#manchester-united
Manchester United
fromwww.90min.com
3 months ago

Man Utd's transfer debt reaches record high

Manchester United is facing a financial crisis with a large debt in unpaid transfer fees.
The club has seen a significant drop in revenues and operating profit.
Despite heavy spending on players, Manchester United struggles with on-field performance.
Manchester United
fromwww.90min.com
3 months ago

Man Utd's transfer debt reaches record high

Manchester United is facing a financial crisis with a large debt in unpaid transfer fees.
The club has seen a significant drop in revenues and operating profit.
Despite heavy spending on players, Manchester United struggles with on-field performance.
fromwww.fourfourtwo.com
3 months ago

I received offers from Bolton and Newcastle, but they didn't progress far. Then Leeds came in I saw it as a chance to experience a new league and country': How World Cup winner Roque Junior ended up at Leeds United

Roque Junior reflects on his brief time at Leeds stating, 'I needed a fresh challenge and England always intrigued me... Unfortunately, my time at Leeds was short, but it was an experience I value.'
Liverpool FC
SF politics
from48 hills
3 months ago

The really depressing news about Muni - 48 hills

Muni's financial crisis is primarily a revenue issue, not due to overspending or mismanagement.
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