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.

Track your spending to understand financial habits and prepare for income changes. Establish a robust emergency fund based on minimal essential expenses. Maintain a diverse investment portfolio and ...

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 ...

Rising inflation rates and negative gross domestic product (GDP) data are leading many Americans to worry about another recession. This might be a valid concern—since the U.S. economy appears to be ...