NBER has its own definition of what constitutes a recession, namely “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in ...

Continuous inflation or deflation left unchecked can wound the economy. While deflation can drive down prices, which is good, profits and wages may also suffer and repaying debt becomes expensive.

Bartering may seem like a thing of the past, but some countries practice it. Barter trade is one of the oldest forms of ...

Democrats keep changing the definition of common words. Now Treasury Secretary Janet Yellen wants to redefine the definition of a recession. This tactic will not work.

The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday.

Though some people claim two consecutive quarters of GDP decline constitutes a recession, that's not the official definition in the U.S.

Though some people claim two consecutive quarters of GDP decline constitutes a recession, that's not the official definition in the U.S.

Though some people claim two consecutive quarters of GDP decline constitutes a recession, that's not the official definition in the U.S.