Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...

Recession Definition Economists have varying opinions about how to define a recession. The National Bureau of Economic Research (NBER) defines a recession as a significant decline that lasts for more ...

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Track your spending to understand financial habits and prepare for income changes. Establish a robust emergency fund based on minimal essential expenses. Maintain a diverse investment portfolio and ...

These tips can help you avoid financial risk at any time, but they are especially important during an economic slowdown. Financial risks increase in a recession.