Opinions expressed by Forbes Contributors are their own. I am a clinical professor of finance at Kellogg School of Management. For many months, economic arrows have been pointing to a likely ...

NBER defines a recession as a broad-based, sustained economic downturn. The average recession since World War II has lasted about 10 months. Preparing early can help mitigate a recession's impact ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

I show you how to save and invest. Wall Street fears a recession may be coming. Key indicators including the inverted U.S. yield curve and the U.S. Federal Reserve raising rates aggressively imply ...