The National Bureau of Economic Research (NBER) defines a recession as a "significant decline in economic activity that is spread across the economy and that lasts more than a few months." In practice ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. As the U.S. economy grapples with shifting trade policies and stock ...
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.
Kris J. Mitchener, economics professor at Santa Clara University, says the chances of a recession this year are about 20%. Will the U.S. face a recession in 2025? Kris J. Mitchener, economics ...
Despite rattled financial markets, threats of retaliation and some of President Donald Trump’s biggest supporters encouraging him to back off his signature economic policy, he didn’t give in. His ...
The effects of shifting U.S. tariff policies and geopolitical tensions could still result in a recession, JPMorgan Chase (NYSE:JPM) Chairman and CEO Jamie Dimon said on Thursday in a media interview.
Mark Zandi, chief economist at Moody’s Analytics, warns that a recession is “more than likely by the second half of the year” unless geopolitical tensions ease and the domestic economy stabilizes. The ...
Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under the economy. The University of Michigan ...
The global economy entered 2026 on firmer footing than most forecasters had predicted, buoyed by a surge in AI-related investment, easing trade tensions and supportive financial conditions. Then the ...
Periods of economic uncertainty tend to influence drinking problems among people who lose their jobs, as some turn to alcohol due to stress or because they have more free time and fewer ...