I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout the ...
The Great Recession’s witch’s brew of despair was my beat at the Dayton Daily News, and for years I reported on unemployment, neighborhood decay and industrial losses. Over time I learned that this ...
The U.S. housing market is poised for a “Great Housing Reset” beginning in 2026, marked not by a sudden correction but by gradual normalization. Af ...
For weeks, stock markets have been falling, and the plunge accelerated after President Donald Trump on April 2 unveiled U.S. tariffs on virtually every country. Several things tend to happen in ...
This article is part of a Prospect symposium on tackling the housing crisis in America. In labor economics, there’s a concept called hysteresis. It means that severe economic downturns have lingering ...
For those who’ve been through one, talk of a recession can be triggering. We’re not officially there yet (as of this writing), but it’s natural to be anxious about increased prices due to tariffs and ...
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
President Donald Trump asserted that he had "defeated" inflation and that the US economy was returning to normalcy in a bullish statement earlier this year. However, despite Trump's claims, that ...
The state government has $4.8 billion socked away in its rainy day fund. But as much as the fund serves as a hedge against ...
At a glance, first quarter GDP was a flashing red warning light, as the economy contracted at an annualized rate of 0.5%. Under the hood, the details were more encouraging: The decrease reflected ...
Stocks rebounded Friday after steep losses earlier this week, but the markets remained on track for their worst week in two years. That’s fueling fears that a recession could be on the horizon. To be ...
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