Here's a closer look at this devastating recession that left a lasting impact on the financial, banking, and housing markets. Image source: Getty Images. The Great Recession -- also called the ...

John P. Hussman, who correctly called the 2000 and 2008 declines, said a recession might hit the U.S. economy as soon as in ...

Is there a single word to describe these developments? Yes: “recession.” The crisis was accompanied by recessions in many countries. This pattern is consistent with the historical record. Simultaneous ...