Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing ...

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.

In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...

President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.” Trump sat down with Meet the Press host Kristen Welker for ...

Even the most casual observer of the events of the last five years -- the housing bubble, the bust and the digging-out process -- would be struck by the similarities between the policies that got us ...

Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn't want a depression, according to a Wednesday night ...

The political alliance between billionaire businessman Elon Musk and President Donald Trump has hit a rough patch after Musk posted a flurry of criticisms to social media about the president’s ...