When an economic storm rolls in, you might wonder if the economy has hit a recession or depression. Although both indicate difficult economic downturns, the causes and effects of each vary. Let's take ...

Since the start of the year, markets have been under pressure. Several factors have led to a global selloff in stocks, bonds and currencies. People are now debating about whether we are in for a ...

Historically, recessions have been defined by consecutive quarters of economic contraction, while depressions imply something much more severe: a prolonged decline marked by systemic breakdown. By ...

What makes a recession a depression? And what constitutes a recession in the first place? Unfortunately, there's no simple answer. The National Bureau of Economic Research (NBER) has declared a dozen ...

Economics professor Christopher Clarke joins WIRED to answer the internet's burning questions about The Great Depression.

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 ...

Business and financial leaders say trade tensions are the most important factor the Canadian economy faces and a recession is ...

Canadians shouldn’t be too quick to think of an early end to the present downturn, says Canadian bond rating agency DBRS. It’s only just begun. “We don’t want to be alarmist, but we do want to ...

Although the actual economic fallout of the COVID-19 pandemic is clouded by uncertainty, experts agree the longer the global economy remains at a near-standstill, the more difficult will be the return ...

As we transition out of economic lockdown, the bank should encourage debt forgiveness. Easing mortgage and credit card debt is an effective way to promote growth. The Bank of Canada has a new governor ...