The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...

Wall Street and TikToks don't determine when the country enters a recession. Eight economists do.

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.

President Donald Trump gave the military its "final go order" on Feb. 27 to launch a US war on Iran, an attack that has sent gas prices higher in a crude oil price shock that could tip the global ...

A host of important economic statistics recently became available to give us insights into the current state of the U.S. economy. There was negative (annualized) quarterly growth of real GDP, with ...