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.

Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging ...

Oil price declines are extremely rare prior to a recession. Oil spikes are common prior to recessions. Oil jobs make up 1.3% of the overall workforce. The answer is, yes they can. But not in the ...

The stock market is volatile, prices have soared and massive federal layoffs have sparked economic fears -- to the point that many have started to worry about a possible recession. While the word ...

The escalating trade war between the United States and China took a critical turn as Beijing restricted the export of rare earth minerals. Jokowi says the chances of economic recession in Indonesia ...