The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

Recession Definition Economists have varying opinions about how to define a recession. The National Bureau of Economic Research (NBER) defines a recession as a significant decline that lasts for more ...

Discover what a "soft landing" means in economics, its historical significance, how central banks aim to achieve it, and its impact on inflation and economic growth.

If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...

We project that in the next six weeks, the probability of a U.S. recession getting started in the next twelve months will be ...

WASHINGTON — Following the economy, these days can be difficult. It's hard to know who to believe. President Joe Biden recently said, "There is nothing inevitable about a recession." Republicans are ...

The ongoing round of Trump tariffs is certain to leave some scars on the nation. But what kind? Are tariffs guaranteed to increase inflation or cause a recession? To answer this question, one must ...

Europe’s economy grew by a modest 0.2% in the third quarter, official figures showed Thursday. Growth in the 20 countries ...

The terms stoke outsized panic in some cases and insufficient caution in others. Lately, the stock market has taken a thrashing. The Nasdaq and S&P 500 have each fallen for seven consecutive weeks.