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Stories Tagged as

Recession

Can the Federal Reserve squeeze out inflation without squashing growth?

by Mitchell Hartman
Mar 21, 2022
Bringing the economy in for a "soft landing" — taming inflation without bringing on a recession — has proven difficult for the Fed in the past.
The Federal Reserve isn't always successful at taming inflation while avoiding a recession. Plus, the pandemic and war in Ukraine make the Fed’s job more difficult.
Saul Loeb/AFP via Getty Images
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Is a recession in the cards?

by Mitchell Hartman
Mar 17, 2022
Fed chief Powell called the risk of a recession “not particularly elevated." But some economists think he’s overly optimistic.
Economists' views on the likelihood of a recession are mixed while the Federal Reserve tries to navigate a challenging economic and geopolitical environment.   
Spencer Platt/Getty Images
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What would happen if Russia defaults on its debt?

by Sabri Ben-Achour
Mar 15, 2022
"The long-term implications are severe," one expert says, and can scare away foreign investors.
Russia's economic isolationism may largely insulate global markets should Russia default on its debts.
AFP via Getty Images
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What's the historic connection between high oil prices and recession?

by Samantha Fields
Mar 8, 2022
Oil goes into almost everything.
The sun sets behind smoke rising from a refining plant in Houston.
Mark Felix/AFP via Getty Images
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The pandemic recession only lasted two months. Wait, what?

by Sabri Ben-Achour
Jul 20, 2021
For a lot of people, the downturn doesn't feel over and may not for years. So what does "over" mean in this case?
The pandemic recession may be over, but many businesses are still closed or nearly empty at Union Station in Washington, D.C., more than a year after the COVID-19 shutdown.
Saul Loeb/AFP via Getty Images
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COVID & Unemployment

Study: Young women need better, higher-paying jobs after pandemic recession

by Mitchell Hartman
May 27, 2021
Young women were already falling behind economically after the Great Recession.
Higher Purpose Co., a nonprofit, positions itself as a "capital matchmaker" and partner for Black-owned businesses in the state.
andreswd via Getty Images
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Do we really want to go back to the pre-pandemic economy?

by Kristin Schwab
Apr 29, 2021
True, the economy was in good shape before COVID-19. But it wasn't working for many.
Before the pandemic, Black workers were seeing historically low unemployment rates but were still almost twice as likely to be jobless as white workers. Above, a woman in Hollywood, Florida, uses her laptop to file for unemployment benefits in March 2020.
Joe Raedle/Getty Images
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COVID-19

Why demand for Mason jars surges in times of uncertainty

by Kai Ryssdal
Dec 7, 2020
Canning food fills a "psychological need to find control wherever you can" during economic downturns, says journalist Jen Doll.
Demand for Mason jars surged in 2020, but this isn’t the first time that’s happened during a period of instability. Above, girls can plums in 1944.
Fox Photos/Getty Images
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Retailers' holiday sales strategy this year? Fewer, smaller sales

by Marielle Segarra
Dec 7, 2020
They're trying to make a profit selling less stuff, but holding the line on prices.
A pedestrian walks past a store advertising a Black Friday sale in New York.
Jeenah Moon/Getty Images
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COVID-19

What is a double-dip recession?

by Rose Conlon and Kai Ryssdal
Dec 3, 2020
Not all recessions are created equal.
People line up to receive a food distribution in Harlem, New York.
Timothy A. Clary/AFP/Getty Images
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