Recession

Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.

While most Americans have weathered the pandemic financially, about 38 million say they are worse off now than before the outbreak began in the U.S.

The country’s blue exodus is shaking up demographics in states that are serving as landing spots. 

Mortgage rates have hit a new record low for the 13th time this year as a resurgence in coronavirus cases weakens the economic outlook. 

Even as the economy rebuilds from the recession, adding back more than 10 million jobs in just a few months, many jobs will not be coming back any time soon, according to a new Glassdoor report on the outlook of the workforce post-COVID-19.

With the state recently loosening restrictions for theme park operators, is Disney World really operating at 25% of its capacity? There are some good reasons to take Disney on its word. 

The massive figures were expected but still stunning, more than double the previous deficit record of $1.4 trillion that was registered during former President Barack Obama’s first year in office during the Great Recession in 2009.

Nearly half of American households have seen a decline in their income since the outbreak, and with millions out of work or making less, the financial implications are far-reaching. 

A resurgent stock market and fiscal stimulus propelled the net worth of U.S. households to the highest level ever in the second quarter, despite a record drop in the previous three months caused by an economic shock from the pandemic.

Trump has pledged that if he's reelected in November, he'll aim to have all deferred payroll taxes fully forgiven so that paychecks don't get smaller in 2021. Here's why your paychecks may get a lot smaller if that is the case.

Ulta is hoping its first new TV ad campaign since March will get consumers thinking about beauty and back into its stores that are open.

If you're not sure whether you're in a good position for retirement right now with the economy stuck in a recession, here are a few clues that you're pretty safe to move forward.

Intent on leaving the workforce for good in 2021? Here are some things you can do to increase your chances of meeting that goal.

Like it or not, we could be in for a very rocky second half to 2020, and here's a look at why the more cash you have at your disposal, the more likely you are to make it through the year financially unscathed.

The future is uncertain, and it can be tough to manage your investments during times like these.

Whether you're nearing retirement or still have several years left in your career, there are a few ways the recession could affect your senior years.

If you're hoping and waiting for a second stimulus check, you'll want to watch these three numbers, which are the clearest indicators of whether another coronavirus payment will come your way. 

While the current state of the economy puts all workers in a potentially precarious employment position, older workers may be more worried than others for one simple reason: Most of their jobs can't be done remotely.

If you've yet to file your 2019 taxes, here are a few important credits it pays to look into as you prepare that return.

Here are six smart tips you can use now to make sure you survive the recession and come out the other side with your money intact.