The Fed & the Financial Crisis

The Federal Reserve has made public an enormous trove of data about the emergency measures it took during the worst of the credit crunch and the ensuing recession.

The Federal Reserve has made public an enormous trove of data about the emergency measures it took during the worst of the credit crunch and the ensuing recession. It's confusing stuff: arcane spreadsheets showing more than 21,000 transactions totaling more than $3.3 trillion via an alphabet soup of programs. Still, the revelations provide a fascinating glimpse into the workings of the Fed in the apocalyptic days of 2008, when the world economy was on the verge of collapse. ...Why did the notoriously shy Fed post the detailed data this week? Because Congress forced it to.

Related Articles

To save us, half of Earth needs to be given to animals

We're more dependent on them than we realize.

(Photo Lily on Unsplash)
Surprising Science
  • Scientists says our survival depends on biodiversity.
  • A natural climate strategy we often forget.
  • Seeing our place among the Earth's living creatures.
Keep reading Show less

New infographics show how cigarette smokers are socially penalized

There's a high social cost that comes with lighting up.

(Porch)
Sex & Relationships
  • The home improvement company Porch recently polled 1,009 people on their feelings about smoking.
  • The company recently published the results as infographics.
  • In terms of dating, 80 percent of nonsmokers find the habit a turnoff
Keep reading Show less

The "catch" to being on the keto diet

While short-term results are positive, there is mounting evidence against staying in ketosis for too long.

Brendan Hoffman / Getty
Surprising Science
  • Recent studies showed volunteers lost equal or more weight on high-carb, calorie-restricted diets than low-carb, calorie restricted diets.
  • There might be positive benefits to short-term usage of a ketogenic diet.
  • One dietician warns that the ketogenic diet could put diabetics at risk for diabetic ketoacidosis.
Keep reading Show less