Writer: Mara Gawarecki

Three banks in the Midwest failed recently, bringing the total number of failed banks this year to 80, well behind the pace of bank failures last year. [Continue]

Fed helps put recession into historical context       The Federal Reserve Bank of Minneapolis has added a page to its website which compares the current recession with previous recessions. The site considers data from the 10 recessions since 1946. Employment data and output levels are considered.       The Minneapolis Fed says that with employment off 2 percent … Read more