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.

WEST PALM BEACH, Fla. — President Donald Trump declined to rule out a recession this year as the economy stutters from his efforts to impose tariffs and rebuild the U.S. manufacturing sector, ...

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 ...

Tales of the Recession's Effect on the Legal Profession This is the year the recession hit the legal profession. Lawyers and support staff were cut by the hundreds. Law firms went belly up. Court ...

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 ...

Goldman Sachs has again increased the possibility of a recession beginning in the next 12 months, with the investment bank warning on Sunday that its recession odds would hike even further if all of ...

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 ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Persistent inflationary pressures, declining consumer confidence and ...

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.

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 ...