In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.

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 ...

Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...

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.

While prices for veterinary services continue to climb, real expenditures have fallen, marking the start of an ...

The Federal Reserve will hold its next two-day policy meeting on Sept. 16 and 17. The Fed has yet to cut interest rates in 2025, but a deteriorating jobs market could force its hand next week. Further ...

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.

All is (fairly) well for the U.S. economy judging by the statistics published recently. While output shrank during the first quarter, the decline was minimal (-0.2%) and may disappear in the final ...

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