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 terms stoke outsized panic in some cases and insufficient caution in others. Lately, the stock market has taken a thrashing. The Nasdaq and S&P 500 have each fallen for seven consecutive weeks.
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 ...
Stagflation is an economic cycle marked by high inflation, high unemployment and sluggish economic growth—an uncommon combination of circumstances. The financial headlines of 2025 have been heavy with ...
Whenever the economy is in turmoil, you’ll hear the terms “recession” and “depression” tossed around. Check Out: 5 Subtly Genius Moves All Wealthy People Make With Their Money Is there a real ...
Dr. Christopher Thornberg told an audience of bankers, homebuilders, real estate and other business professionals that there is no recession. He spoke during the Nov. 9 Tucson Economic Forum, ...
The unsettling news flow has triggered warnings in some circles that the end is near for the current economic expansion. The current analysis continues to indicate that recession risk is low. To be ...
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 ...