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 ...

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.

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 consequence is that we are now in a recession. Copied This week, EJ Antoni, a research fellow in Heritage’s Center for Data Analysis explains exactly what marks a recession and more ...