any drop in income and valuations, any tightening of credit, any rise in interest rates and any decline in collateral (i.e.

The US and global economies are in recession but this will not deteriorate into a depression, according to leading US economist Richard Hoey. Hoey, the chief economist of Bank of New York Mellon ...

Discover the concept of underconsumption, its role in economic theory, and real-world examples like the auto industry during ...

Governments and the financial services industry need to look beyond conventional remedies when addressing the global financial crisis because it represents a global depression rather than just a ...

A new Gallup poll finds that more than half of Americans believe the economy is still in a recession or a depression, although it's actually experiencing a moderate recovery. The poll finds that 26 ...

"It could lead to a severe economic recession like the Great Depression." On the 16th (local time), ahead of the second meeting between U.S. President Joe Biden and House Speaker Kevin McCarthy ...

A glance through the pages of any University publication confirms that the current financial recession has taken a toll on all aspects of University life, but this is not the first time that an ...

The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...