Almost halfway through the summer, as the pandemic wanes in many parts of Europe and Asia, the number of new cases in the U.S. has topped 50,000 almost every day in July. The domestic daily death ...
As economic uncertainty from the COVID-19 pandemic mounts, one organization is predicting the damage could be the worst the world has seen since the Great Depression. The International Monetary Fund ...
President Donald Trump wanted to avoid sending the economy into a depression through his contentious plan for tariffs, according to The Wall Street Journal. Trump privately said he was aware that his ...
The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...
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.
The past has shown that nontraditional measures like brothels, beer and lipstick can tell us a lot about the economy’s health ...
A glance through the pages of any University publication confirms that the current financial recession has taken a toll on all aspects of University life, but this is not the first time that an ...
Stream NBC 5 for free, 24/7, wherever you are. Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn't want ...