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.

Recession Definition Economists have varying opinions about how to define a recession. The National Bureau of Economic Research (NBER) defines a recession as a significant decline that lasts for more ...

Discover what a "soft landing" means in economics, its historical significance, how central banks aim to achieve it, and its impact on inflation and economic growth.

No, Coachella’s lineup dropping months earlier than its usual release isn’t actually an indicator of an impending recession. But in the absence of official government data, social media users are ...

The ongoing round of Trump tariffs is certain to leave some scars on the nation. But what kind? Are tariffs guaranteed to increase inflation or cause a recession? To answer this question, one must ...

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 ...

We project that in the next six weeks, the probability of a U.S. recession getting started in the next twelve months will be ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

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.