recession

At one point, a ruble was worth a fraction of a penny. Demand for energy exports has helped, but Russia’s economy is still in recession.

Bringing the economy in for a “soft landing” — taming inflation without bringing on a recession — has proven difficult for the Fed in the past.

Fed chief Powell called the risk of a recession “not particularly elevated.” But some economists think he’s overly optimistic.

“The long-term implications are severe,” one expert says, and can scare away foreign investors.

Oil goes into almost everything.

For a lot of people, the downturn doesn’t feel over and may not for years. So what does “over” mean in this case?

Young women were already falling behind economically after the Great Recession.

True, the economy was in good shape before COVID-19. But it wasn’t working for many.

Canning food fills a “psychological need to find control wherever you can” during economic downturns, says journalist Jen Doll.

They’re trying to make a profit selling less stuff, but holding the line on prices.