During the 2020 recession due to COVID-19, the hardest hit industries were leisure and hospitality, but in the 2001 recession, the tech industry struggled, he explained.

Economy on brink of recession, data shows contraction. Tariffs and immigration policy blamed. Fed expected to pivot.

With Wall Street now more attuned to economic risks like Trump's trade war, the tariffs that will go into effect on Thursday ...

At what point does a recession become a depression? Most analysts say a recession becomes a depression when the GDP decline exceeds 10%. But Schlossberg said that's another rule that can "easily be ...

"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall." ...

At what point does a recession become a depression? Most analysts say a recession becomes a depression when the GDP decline exceeds 10%. But Schlossberg said that's another rule that can "easily be ...

Weaker-than-expected US economic data and another round of US reciprocal tariffs have roiled global financial markets.

When it comes to defining a recession, it could be a technical recession or a true recession, said Samana. "The biggest distinction is the severity," he explained. "A technical recession is more of a ...