The definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP) for two consecutive quarters. In the United States, the National Bureau of ...

Everyone should be prepared for inflation at levels beyond anything most people can remember. If you were born after 1970, you experienced prices being relatively stable your entire adult life until ...

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As far as economic events go, true depressions are rare. Over the last century, the Great Depression of the 1930s was the only economic downturn in the U.S. that earned the distinction of being ...

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 ...