The U.S. Commerce Department reported on July 28 that the nation’s gross domestic product (GDP) fell at an annual rate of 0.9% in the second quarter, marking two consecutive quarters of decline. GDP ...

White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...

The U.S. economy shrank for two consecutive quarters this year, increasing speculation that the country could be headed for a recession. But does two straight quarters of economic decline mean we’re ...

A surplus occurs when assets or goods exceed demand. Learn about different types of surplus, their impact on economies, and examples of surplus scenarios.

Media outlets that are engaged in semantics over whether the U.S. is in a recession are "missing the boat" and hurting their own credibility, economic experts tell Fox News Digital. The Washington ...