The definition of recession that is most widely accepted is the one determined by the blandly named National Bureau of Economic Research, a nonprofit group of economists whose Business Cycle Dating ...

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.

WASHINGTON (AP) — By one common definition, the U.S. economy is on the cusp of a recession. Yet that definition isn’t the one that counts. On Thursday, when the government estimates the gross domestic ...

The number of relatively frightening headlines about the economy and the likelihood of a recession is on the rise, especially after government data released Thursday showed the economy shrank in the ...

Nearly half of the country is now flashing recessionary warning lights, with twenty-three states already meeting a common rule-of-thumb definition of contraction and several others hovering just above ...

The United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent Wall Street strategist argues that much of the private economy has been ...

Track your spending to understand financial habits and prepare for income changes. Establish a robust emergency fund based on minimal essential expenses. Maintain a diverse investment portfolio and ...