Search results
Results from the WOW.Com Content Network
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
2013 Michigan State Spartans football team - Under head coach Mark Dantonio, the Spartans compiled a 13-1 record, defeated Stanford in the 2014 Rose Bowl, and were ranked No. 3 in the final AP Poll. The team's statistical leaders included Connor Cook with 2,755 passing yards, Jeremy Langford with 1,422 rushing yards and 114 points scored, and ...
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
Several major U.S. economic variables had recovered from the 2007–2009 Subprime mortgage crisis and Great Recession by the 2013–2014 time period. U.S. Real GDP – Contributions to Percent Change by Component 2007–2009
Several major U.S. economic variables had recovered from the 2007-2009 Subprime mortgage crisis and Great Recession by the 2013-2014 time period. The recession officially ended in the second quarter of 2009, [3] but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. [80]
Chicago's history and economy are closely tied to its proximity to Lake Michigan. While the Chicago River historically handled much of the region's waterborne cargo, today's huge lake freighters use the city's Lake Calumet Harbor on the South Side. The lake also provides another positive effect: moderating Chicago's climate, making waterfront ...
Michigan (/ ˈ m ɪ ʃ ɪ ɡ ən / ⓘ MISH-ig-ən) is a peninsular state in the Great Lakes region of the Upper Midwestern United States.It shares water and land boundaries with Minnesota to the northwest, Wisconsin to the west, Indiana and Illinois to the southwest, Ohio to the southeast, and the Canadian province of Ontario to the east, northeast and north.
2013 Sequestration: A budget sequestration begins in the government. [90] March 5 – The Dow Jones Industrial Average reaches a new record high close of 14,253.77, last set in October 2007, on the back of more positive indicators about the US economy. [91] [92]