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The U.S. GDP unexpectedly declined by 0.3% in the latest quarter versus expectations for 0.3% growth, meeting the textbook definition of a recession if another negative quarter follows. A mild ...
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.
Stagflation is an economic cycle marked by high inflation, high unemployment and sluggish economic growth—an uncommon combination of circumstances. The financial headlines of 2025 have been heavy with ...
A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of ...
The United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent Wall Street strategist argues that much of the private economy has been ...
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