Despite labor weakness, the broader economy shows resilience. The Fed's revised forecast of 2.3% growth for 2026 suggests ...

The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...

Economic slowdowns are part of the cycle, but they never feel routine when jobs, paychecks and savings are on the line. I want to unpack what a recession actually is, why it matters for your household ...

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.