Recession

Wikipedia is restricting new and anonymous from making changes to the page for "recession" following a debate over its exact definition.

The largest warehouse market in America, located in Los Angeles, California, is full as merchandise continues to flood in from across the Pacific Ocean.

Soaring inflation is driving more Americans to live paycheck-to-paycheck, even larger earners as increased wages can't keep up to the prices of goods at the grocery store and gas pump.

Fox News contributor Miranda Devine ripped Democrats on 'Varney & Co.' Monday for allegedly 'lying' about the U.S.'s economic state of a recession.

Fed Reserve Bank of Minneapolis CEO and President Neel Kashkari told CBS' "Face The Nation" Sunday that the current state of inflation is "very concerning."

Federal Reserve Bank of Minneapolis CEO Neel Kashkari said inflation is “very concerning” despite most Americans seeing increased wages and the Federal Reserve must drive down demand.

The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose more than expected in June.

The repackaged Inflation Reduction Act of 2022 would raise an estimated $739B over a decade, fight climate change, curb pharmaceutical prices and reduce debt, according to Democrats.

Treasury Secretary Janet Yellen argued that two back-to-back declines in economic growth do not mean the economy is in a recession, even though that is the unofficial sign.

Harvard University economics professor Kenneth Rogoff discussed what would lead to a deep recession as data revealed a contraction in the U.S. economy in the second quarter.

President Biden reacted to Thursday's GDP report, saying it is “no surprise that the economy is slowing down” amid inflation, despite saying earlier this week that the United States would not be entering a recession.

Second-quarter GDP data will be released on Thursday and it is expected to show that economic growth declined in the spring, which could indicate the economy is in recession.

The Commerce Department released its first reading of second-quarter GDP data on Thursday, offering fresh insight into the health of the U.S. economy as inflation rages.

Team Biden has been working hard this week to spin the bad economic news they knew was coming from the Commerce Department. Bu it's clear now the U.S. is in recession.

GDP contracted for the second consecutive quarter this year, which is the commonly used definition of a recession. Here's what that means for you.

The U.S. economy likely slowed markedly in the second quarter of the year with GDP rising by just 0.5% — or even declining — in the period from April to June.

FTN Financial Chief Economist Chris Low discussed what he believes will prompt the Federal Reserve to stop acting aggressively in an attempt to bring inflation under control.

Rising inflation could push the economy into a recession sooner than economists had previously projected, according to the latest forecast from Fannie Mae.

The Federal Reserve on Wednesday approved another super-sized interest rate hike as it tries to tackle inflation, which hit another record-high in June.

Key Advisors Group LLC co-owner Eddie Ghabour argued that the United States is headed towards a "mild recession,” pointing to recent data for his position.