New data shows that Cincinnati Public Schools joins the 20% of districts that are facing negative cash balances, the highest ...

May's employment report showed that 17.6% of total employed workers were part time and 82.4% of total employed workers were ...

Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...

In their efforts to explain downturns, economists tend to connect unrelated data and occurrences. How forecastable are ...

The longest recession the country has endured since World War II ended in June 2009, a group that dates the beginning and end of recessions declared Monday. The National Bureau of Economic Research, a ...

The Great Recession of 2008 marked a particularly difficult time for Americans, with effects that reverberated around the world. Few remained unscathed as lay-offs and foreclosures mounted. While the ...

Already having been hit hard in recent years due to changing shopper preferences, the apparel industry ―particularly department stores and specialty apparel retailers―are now facing the fallout from ...

Five years after the collapse of Lehman Brothers and the triggering of the financial crisis, frugality is king when it comes to personal finances. Millions changed their financial habits after the ...

Barely 15 years after we recovered from the “Great Recession,” we face a looming even greater recession. The great recession of 2007-2009 was caused largely by the cascading effects of the rapid ...

Fatema Ali was laid off from IBM in 2024. Over two years later, she's still looking for work and says the job search feels ...

When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack Obama weaponized the crisis by blaming ...

Office for National Statistics (ONS) figures show UK GDP growth has gone into reverse. But what does a recession mean?