The definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP) for two consecutive quarters. In the United States, the National Bureau of ...

Explore how long typical boom and bust cycles last, their impact, and economic trends in U.S. business cycles.

Learn how deflationary spirals impact economies, causing lower production, wages, and demand. See how government spending ...

There’s an old joke in economics that stock markets have predicted nine out of the past five recessions. The point being that predicting a recession solely based on the stock market is difficult.

Introduction -- Part I: The best of times -- New age economics -- Golden globe -- Competing on a violent scale -- By legislation or fiat -- Where credit is due -- Castles in Spain -- Part II: The ...