Pundits commonly classify a recession as two consecutive quarters of declining GDP growth, but there are other important factors to consider, such as inflation, employment, and other economic ...

The more savings and income sources you have, the more you’ll be financially protected in the event of a recession or ...

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.