Despite the Senate passage of a $700 billion financial bailout bill, pessimism abounds about global economic prospects. Market experts are not only talking about the likelihood of a recession, but ...

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 ...

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 ...

Calculated Risk has a great chart showing GDP fluctuations which puts into perspective just how big a downtown the Great Depression represented, and how it compares to the current one. For the ...

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 ...

Consider the following four mistakes the middle class made during the Great Depression. Are you making the same ones?

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 ...

David Malpass, president of the World Bank Group (Photo: Bloomberg) New York- The world is experiencing one of the deepest recessions since the Great Depression in the 1930s owing to the novel ...

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

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 ...