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The technical definition of a recession is two consecutive quarters of negative growth in gross domestic product, a comprehensive measure of all goods and services produced in a country.
It is the uncertainty that has raised the prospect of recession in 2025. The so-called soft-landing (reduction in inflation ...
President Donald Trump has some historically low approval ratings, but they are getting better after he has eased up on ...
What matters most, however, is the labor market. “If American consumers have money, they’re going to spend it, and the ...
The White House last month paused far-reaching “reciprocal tariffs” on dozens of countries, just hours after the measures ...
The U.S. economy has gone through 34 recessions since 1854. During a recession, GDP might decline by 2% up to as much as 5%.
The agreement between China and the U.S. to cut tariffs and moderate their trade war is a welcome development, as it suggests ...
This suggests that if we observe negative real GDP growth in 2025 Q2, then the recession started in the current quarter. This definition of a recession is false. Instead, it is the dating ...