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.

The Q1 2025 GDP results are in, and the results were not exactly encouraging. While in a typical quarter the U.S. GDP grows by 2% to 4%, in Q1 2025, the economy actually shrank. Considering that two ...

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 United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent ...

The nationwide recession may have ended last summer, but most states and cities continue to struggle and have not yet begun to recover, according to the latest Adversity Index from Moody's Economy.com ...

Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...