GDP has declined for a second quarter in a row — a common definition of a recession. But a group of economists are asking, why rely on that single number to determine the health of the economy?
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, the bank said. That will push Britain into recession later this year, bank forecasts show.
Gasoline prices have fallen sharply and are now below $4 a gallon in many parts of the country. But analysts warn that prices could tick up again if drivers set aside their newfound gas-saving habits.
NPR's Ari Shapiro checks back in with Brooke Neubauer of Just One Project, a community market in Las Vegas, about the continued effects of inflation on the organization's ability to operate.
Slate staff writer Henry Grabar tells NPR's Ailsa Chang why he thinks a return of extended-stay hotels — once a fixture of American cities — could help with today's housing market dysfunction.
An editing battle over its "recession" entry prompted Wikipedia to put a temporarily lock on revisions to prevent new users from repeatedly changing the definitions of recession.
Rising interest rates and fierce competition are pushing many potential homeowners out of the market, leading one person to conclude: "I feel like the American dream isn't attainable anymore."