Two consecutive quarters of negative GDP growth is one common definition of a recession, but other factors must be considered ...

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.

When unemployment rises, wages fall, and consumption cools, yet the official announcement claims there is "technically no ...

The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...

The National Bureau of Economic Research (NBER) defines a recession as a "significant decline in economic activity that is spread across the economy, lasting more than a few months." Three criteria – ...

The National Bureau of Economic Research (NBER) defines a recession as a "significant decline in economic activity that is spread across the economy, lasting more than a few months." Three criteria – ...

The U.S. economy shrank for two consecutive quarters this year, increasing speculation that the country could be headed for a recession. But does two straight quarters of economic decline mean we’re ...

The definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP) for two consecutive quarters. In the United States, the National Bureau of ...

Federal Reserve Board Chairman Jerome Powell said he did not believe the United States was in a recession — but then said the Fed doesn’t make such determinations ...