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 ...

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.

Antonoplis said the study identifies an additional pathway through which recessions might harm individuals. In addition to negative economic effects, the Great Recession has been linked to increases ...

The recession, and the job losses and lack of social services that it has entailed, is turning usually peaceful libraries into emotional and stressful public spaces, The New York Times reports. As the ...

(Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the ...

Forbes contributors publish independent expert analyses and insights. Quantitative Finance Program Director, at Stevens Inst. of Technology This is not a new diagnosis. There is today a hapless ...

Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce the headcount of well-paid, white-collar jobs and replace them with AI.