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

Recession Definition Economists have varying opinions about how to define a recession. The National Bureau of Economic Research (NBER) defines a recession as a significant decline that lasts for more ...

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.

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 ...

The ongoing round of Trump tariffs is certain to leave some scars on the nation. But what kind? Are tariffs guaranteed to increase inflation or cause a recession? To answer this question, one must ...

Canada's economy has weakened as a result of Donald Trump's tariffs. But sweeping exemptions for most Canadian exports has ...

The economy contracted for the first time in three years, but it doesn’t mean the economy is rushing toward a recession. At least not yet. Gross domestic product, the official scorecard of the economy ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...