Editor’s Note: Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI). The opinions expressed in this commentary are their own. Despite the ...

Editor’s Note: Lakshman Achuthan and Anirvan Banerji are co-founders of the Economic Cycle Research Institute (ECRI). The opinions expressed in this commentary are their own. The economy is ...

In the recession phase, economic activity declines, leading to higher unemployment rates and decreased consumer spending. Prices may stabilize or fall, and investments can become volatile.

For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...

Economist Mohamed El-Erian told Bloomberg TV on Friday that the economy is entering into a "vicious cycle" as coronavirus cases surge and economic activity slows. "We are looking at a high ...