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 ...
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 ...
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 ...
Interventionist fiscal policy may have stopped demand from collapsing. But the intervention is so large that politicians are ...
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.
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 ...
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 ...