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.
U.S. stocks careened, yet again, after President Donald Trump threatened to crank his tariffs higher on Monday. While the word “recession” has been thrown around lately, is one really looming? What ...
The stock market is volatile, prices have soared and massive layoffs in the public sector have sparked economic fears — to the point that many have started to worry about a possible recession. While ...
U.S. stocks seesawed between gains and losses on Monday in the lead up to a promised fresh round of President Donald Trump’s tariffs on April 2, which he has dubbed “liberation day.” The market ...
A new forecast from UCLA warns the United States could face a recession — one that’s “entirely avoidable” — joining a chorus of recent reports examining whether an economic downturn is on the horizon.
Oil price declines are extremely rare prior to a recession. Oil spikes are common prior to recessions. Oil jobs make up 1.3% of the overall workforce. The answer is, yes they can. But not in the ...
Could a recession become a self-fulfilling prophecy? Until late last week, the U.S. economy was viewed as slowing from its torrid, post-pandemic pace but still on solid footing and at little risk of ...
In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...
Organizers of the planned National Law Enforcement Museum in Washington are reducing the project’s budget by more than a third and delaying the planned opening by two years as the recession cuts into ...
President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.” Trump sat down with Meet the Press host Kristen Welker for ...