Recession

When it comes to reassuring Americans about an economy that’s an election-year challenge to his party, President Joe Biden is telling the country to hold on.

The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific.

Businesses are making money and there’s job growth in the economy. But prices are going up, and worker and consumer moods could be more optimistic. That has some referring to this period as a “vibecession,” where it’s not technically a recession, but something is off. Insider reporter Ben Winck joins LX News to explain.

This is a good time to reassess and improve your credit card situation, especially with looming interest hikes on the horizon.

Are we in a recession or are not? If not, is one on the way? CNBC’s Emily Lorsch breaks down both sides of the argument and why it’s debatable.

On Thursday, U.S. Treasury Secretary Janet Yellen stated that the administration is focused on bringing prices down and that the U.S. is not in a recession, despite GDP slump.

After the Commerce Department reported the second straight quarter of GDP decline, President Joe Biden spoke Thursday to tout the strong job market and deflect rumors of an impending recession. “That doesn’t sound like a recession to me.”

Want to be prepared for any economic turbulence? Chris Browning joins Current to lay out how much money you should be saving in the event of a recession.

Recessions are part of the normal economic cycle. Whether one is in the near future or further out, here’s what you can do to get ready.

Economists and business analysts are debating whether the U.S. could enter another recession. But if there is one, it might not be “once in a lifetime” like past recessions in 2001, 2008 and 2020, Insider labor and inequality reporter Juliana Kaplan says on LX News.

From gas to food to… well… everything… prices are up. Does this mean a recession is coming? Even economists don’t agree. John Rosen from the University of New Haven looks at high gas prices and says probably. “Throughout our history going all the way back to at least the 1950’s almost every time oil and energy prices have gotten...

A recession is not inevitable, according to Peter Cohan at Babson College. But people who spoke with NBC10 Boston and NECN on Tuesday say they are worried.