Whenever the economy is in turmoil, you’ll hear the terms “recession” and “depression” tossed around. Check Out: 5 Subtly Genius Moves All Wealthy People Make With Their Money Is there a real difference, though? Here’s a breakdown of each.

Prominent Scottish historian Niall Ferguson thinks the U.S. may be heading for a recession, and he’s pointing to a 50-year-old playbook to explain why. In a Free Press essay, Ferguson argued that Operation Epic Fury is following the same pattern as Nixon’s 1973 airlift to Israel during the Yom Kippur War: President makes a bold pro-Israel military move,

Goldman Sachs lifted its 12-month US recession probability to 25 percent, up five points from January.

Forbes contributors publish independent expert analyses and insights. Quantitative Finance Program Director, at Stevens Inst. of Technology This is not a new diagnosis. There is today a hapless nihilism among policy-makers who have been burned too often by ...

Though the details of nearly all import tariffs were finalized and came into force last week, uncertainty about their ultimate impact on businesses and the economy remains high. That, in turn, is creating big concerns for nearly a third of small business ...

The recession, and the job losses and lack of social services that it has entailed, is turning usually peaceful libraries into emotional and stressful public spaces, The New York Times reports. As the economic crisis has deepened, libraries are becoming a ...

Some Americans say they want the housing market to crash because they think it would lower home prices and property taxes Mortgage rates are falling, but home prices remain prohibitively high. That dynamic has prompted some prospective home buyers to say ...

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