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3 mins read

The fallout from the next recession will be almost the exact opposite of the 2020 crash

In 2020, service businesses suffered, the economy nosedived, and Americans spent big on goods. If a…

Ben Winck   


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3 mins read

How 2 recessions changed what we wear

After the Great Recession, fast fashion became a lifehack for professional millennials on a budget.…

Hillary Hoffower   


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3 mins read

This is what has to happen for the US to avoid a deep recession

The Fed will have to thread the needle with policy to cool down the labor market faster and more sh…

Phil Rosen   


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5 mins read

Family owned businesses will help in Covid recovery, as they did during The Great Recession

And the way corporates have responded to the pandemic has proved that a more principled manageme…

Business Insider Latest Story Image
3 mins read

The economy's safety net could soon disappear and send us tumbling into a recession

Consumer spending has held up the economy, but there are troubling signs that the blissful summer i…

Cork Gaines   


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2 mins read

Millennials say they'll never have enough money to get what they want in life

Nearly half of millennials say finances will prevent them from achieving their version of the Ameri…

Hillary Hoffower   


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6 mins read

Gen Z brought the '90s back because it feels impossible to grow up in today's economy

There's comfort and connection to be found in the nostalgia ruling pop culture right now. It's all …

Hillary Hoffower   


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2 mins read

1980s millennials are finally recovering from the Great Recession

After carrying the weight of the Great Recession for 14 years, the oldest millennials are finally m…

Hillary Hoffower   


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1 min read

Meet the typical geriatric Gen Zer: The last of their generation to study in a classroom and work in an office

Sometimes called elder Gen Z, this group is sandwiched between the Gen Zers who just turned 21 and …

Juliana Kaplan,Hillary Hoffow…   


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3 mins read

3 ways the economic recovery could suddenly turn into a recession as red flags mount

The pandemic, inflation and the Fed's possible response to it, and China's Evergrande fiasco could …

Andy Kiersz,Ben Winck   


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2 mins read

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates

Since peaking during the pandemic, the transportation industry has faced a protracted slump. An ind…

Joseph Wilkins   


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3 mins read

The pandemic ate young adults' savings, widening the gap between the Gen Z and millennial haves and have-nots

Gen Z and millennials experienced the most job loss, drawing from their savings to survive. Meanwhi…

Hillary Hoffower   


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2 mins read

65% of Gen Zers plan to join the Great Resignation this year, survey finds

Most Gen Zers plan to quit their job in less than a year, per a new report by Lever. They'd rather …

Hillary Hoffower   


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1 min read

The coronavirus recession only lasted 2 months, the shortest downturn in US history

The National Bureau of Economic Research found the recession only lasted from February 2020 to Apri…

Madison Hoff   


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1 min read

Third of global economy will be in recession this year, says IMF

International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global …

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3 mins read

Cardi B asked when the US is going to be in a recession. Here's why one probably isn't coming this year.

The US probably isn't in a downturn yet, as data shows the recovery still running strong. But many …

Ben Winck,Madison Hoff   


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4 mins read

The next recession isn't here yet. Here's when you should really start worrying about the economy.

Recession fears are on the rise, but spending data, unemployment claims, and market expectations si…

Ben Winck   


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4 mins read

Theron Mohamed   


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4 mins read

The next recession will be mini compared to the last 2 — and feel completely different

"The type of recession we're looking at is not like a serious, massive downturn in consumer spendin…

Ben Winck   


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3 mins read

One stunning chart shows just how much faster the US labor market is recovering now compared to the financial crisis

The US is on track to complete its labor-market recovery in about 2.5 years. The same achievement t…

Ben Winck