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 ...

As economic uncertainty from the COVID-19 pandemic mounts, one organization is predicting the damage could be the worst the world has seen since the Great Depression. The International Monetary Fund ...

Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn't want a depression, according to a Wednesday night ...

And the pain won't stop this year, the International Monetary Fund declared Wednesday, for what it said was "by far the deepest global recession since the Great Depression." To cushion the blow and ...

As far as economic events go, true depressions are rare. Over the last century, the Great Depression of the 1930s was the only economic downturn in the U.S. that earned the distinction of being ...

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

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 ...

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 ...

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 ...