Are we in a recession? The question just keeps coming up especially after credit-rating giant Moodys downgraded U.S. debt.
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.
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Are We in a Recession?

Technically, no. But Carney will have a tough job convincing Canadians drowning in debt and rising prices The post Are We in ...
It’s odd to consider, but a recession could flip our bullish outlook on bonds to bearish. It’s unusual because typically, ...
WASHINGTON — Following the economy, these days can be difficult. It's hard to know who to believe. President Joe Biden recently said, "There is nothing inevitable about a recession." Republicans are ...
Jan Hatzius warns America’s job market slump could drag down growth, with front-loaded orders and AI disruption skewing GDP ...
The Q1 2025 GDP results are in, and the results were not exactly encouraging. While in a typical quarter the U.S. GDP grows by 2% to 4%, in Q1 2025, the economy actually shrank. Considering that two ...
Canada's economy contracted in the second quarter of the year. In the third quarter, economists are expecting a bit of a ...
Canada's economy has weakened as a result of Donald Trump's tariffs. But sweeping exemptions for most Canadian exports has ...
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.