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.

Discover how the Great Recession caused shifts in structural unemployment, transforming job markets and leaving lasting economic impacts beyond cyclical trends.

Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging ...

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 ...

The stock market is volatile, prices have soared and massive layoffs in the public sector have sparked economic fears — to ...

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 ...

During the presidential debate, it was claimed that President Trump's return would directly lead to a recession. However, macroeconomic stress lines have been growing for a while now. While US ...

The Fed should not keep waiting to cut rates, Mohamed El-Erian wrote in the Financial Times. He said such a delay could eventually prompt an aggressive cutting cycle, increasing recession risk.

Nobody likes hearing the word "recession." It's an economic event that comes with a lot of uncertainty, financial challenges, and overall stress for many people. Recessions negatively impact all types ...