The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

From the time the Great Recession started in late 2007 until it officially ended in 2009, the richest 1 percent of America saw its income drop 36.3 percent, according to a new report by economists ...

Preparing for the economic fallout of the COVID-19 pandemic by learning lessons from the Great Recession: A collection of pandemic-related research made possible by the Nielsen Datasets at Chicago ...

Amid market fluctuations and rising interest rates, it's a good time to visit downturns in the past, including the Great Recession. From 2007 to 2009, the housing market plummeted while ...