The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...

Federal Reserve Board Chairman Jerome Powell said he did not believe the United States was in a recession — but then said the Fed doesn’t make such determinations ...

The U.S. economy shrank for two consecutive quarters this year, increasing speculation that the country could be headed for a recession. But does two straight quarters of economic decline mean we’re ...

The definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP) for two consecutive quarters. In the United States, the National Bureau of ...

Find out what Dave Ramsey says about layoffs and a hiring recession, why he says a recession isn't a feeling, and the smart money moves to make right now.

Track your spending to understand financial habits and prepare for income changes. Establish a robust emergency fund based on minimal essential expenses. Maintain a diverse investment portfolio and ...