Is the US in a recession right now, and did the US-Iran war trigger one? Here's what a recession is and what it means to you.

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 – ...

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 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 ...

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 ...

A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of ...