As far as economic events go, true depressions are rare. Over the last century, the Great Depression of the 1930s was the only economic downturn in the U.S. that earned the distinction of being ...

If you lived through the 2008 recession, you know how painful recessions can be. Even if you didn’t personally lose your job or home, you likely knew more than one person who did. The effects of that ...

What makes a recession a depression? And what constitutes a recession in the first place? Unfortunately, there's no simple answer. The National Bureau of Economic Research (NBER) has declared a dozen ...

President Trump's new tariffs on Canada, Mexico and China have unsettled both domestic and international markets, concerning investors and manufacturers. This emerging global trade war has raised ...

People wait on a long line to receive a food bank donation at the Barclays Center on May 15, 2020 in the Brooklyn borough in New York City. People wait on a long line to receive a food bank donation ...

In recent weeks, some prominent economists have pondered the idea that the current economic shock brought on by shutting down much of the American economy could trigger not just a recession, but a ...