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 ...
A new report from the Consumer Federation of America (CFA) found that Americans owe a record $1.66 trillion in auto debt [1].
Here is the latest on the COVID-19-induced financial crisis. The coronavirus pandemic has quickly become not only a health care crisis but a financial one, shuttering businesses, upending industries ...
WASHINGTON -- The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record. The economists said ...
Groceries are more expensive these days. Major corporations are planning layoffs. Home sales are dropping. Thanks to these problems in the U.S economy, more and more people are worried about the ...
Independent Vermont Senator and Democratic presidential candidate Bernie Sanders sounded the alarm about the need for further economic stimulus during the coronavirus crisis, and said “This is worse ...
Whether you lived through the Great Depression or have been on the edge of your seat through the Great Recession, planning ...
First, some background: Three years ago, as the economy recovered from the brief COVID-19 recession, economists were already talking about another downturn. Russia had invaded Ukraine. Inflation was ...
Buffett bought many stocks during the Great Recession. He bought only a few stocks during the recession caused by the COVID-19 pandemic. Most of these stocks aren't great picks now, but a few are. The ...
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What is a recession?
Recessions are a normal part of the economic cycle, but there’s some disagreement on what constitutes a recession and what it means for you. Find out what a recession is, how one starts, how it can ...
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