Source: Getty Images While most recessions last less than a year and a half, the Great Recession was more severe than average. As the worst economic and financial crisis since the Great Depression ...

From the time the Great Recession started in late 2007 until it officially ended in 2009, the richest 1 percent of America saw its income drop 36.3 percent, according to a new report by economists ...

Trump called Trudeau "a far left lunatic" in 2022 for requiring truck drivers crossing the border to be vaccinated against ...

Trump’s goal to replace the income tax with high tariffs would also radically shift the country’s tax burden away from the ...

Elevated interest rates, tepid economic growth and an inverted U.S. Treasury yield curve have some investors concerned a recession may be coming. When the economy tanks, even most high-quality ...

The U.S. economy is on relatively solid footing in the fourth quarter of 2024. But while inflation has cooled, progress has been choppy and inconsistent. Labor markets have started to loosen, and ...

Furthermore, Europe's chief economies are on a shaky path. The three biggest economies — Germany, France and Italy — have ...

The UK is out of recession after the economy returned to growth in the first three months of the year, official figures show. Chancellor Jeremy Hunt said the economy was "returning to full health ...

European Central Bank, Seeing No Signs of Recession, Cuts Interest Rates Again LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency ...

M&T Bank’s chief financial officer, Daryl Bible, said he is hopeful further interest rate cuts by the Federal Reserve will help the economy steer clear of a recession. “I am more optimistic th ...

Germany is suffering a mild recession and output across the whole of 2024 will be flat, according to a Bloomberg survey — underscoring the malaise in Europe’s largest economy. Analysts in the ...

STOCKHOLM, Oct 29 (Reuters) - Sweden's economy entered a technical recession in the third quarter as gross domestic product fell 0.1% compared with the previous quarter, preliminary figures from ...