In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
The past several weeks have seen a significant number of companies announce major layoffs, including UPS (UPS), Amazon (AMZN) ...
Are we already in a recession? What does it mean for your job, investments, and financial future? Economist Kathryn Edwards ...
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
The stock market continues to do well and GDP growth is strong, while nearly every other measure of economic activity has stagnated or is in deep decline. Why?
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
If you spread risk, strengthen your finances, and stick to the plan, you can avoid having to take desperate, damaging ...
Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate ...
If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...
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.
Mexico’s economy contracted slightly in the third quarter, a sign that President Claudia Sheinbaum’s plans to stimulate growth despite simmering trade tensions with the US are falling short, ...