recession

In the back of their minds, Fed officials are aware of past downturns, when small initial declines in job growth suddenly ballooned into a recession.

The 2007-09 recession was a turning point when both Americans and policy makers started to reckon with the idea that a bachelor’s degree doesn’t always pay off.

In recent years, investors have been nervous that elevated interest rates could push the economy into a recession.

The same might be said for the U.S., where investments in artificial intelligence have “kept the economy out of a recession,” according to James Egelhof, chief U.S. economist at BNP Paribas.

Russian officials have openly cautioned about the risks of a recession, as producers of goods from tractors to furniture scale back.