Living Beyond Borders Articles
The Graphic Truth: How long might a US recession last?
A graphic showing the duration of recessions in the US since 1929.
GZERO Media
For months, we've been debating the odds of a looming inflation-fueled US recession. It hasn't happened yet — in no small part due to a tight jobs market. (For more on who makes the recession call, read our primer here.)
But the fact that it hasn't happened yet doesn't mean recession fears are over. In fact, economists believe it'll start as soon as cash-strapped businesses — faced with high interest rates to fight inflation — begin giving workers pink slips across the board. Still, it's more likely than not that when it comes, the recession will be not only mild (not triggering mass unemployment) but also historically short.
We take a look at the duration and cause of US recessions over the past century.
The Iran war is entering its third month with no clear exit. What does the standoff mean for the US, Russia, and China? Ian explains.
Think you know what's going on around the world? Here's your chance to prove it.
Xi Jinping will welcome Donald Trump with lots of pomp and circumstance. The summit, though, will be short on substance.
As women’s wealth and spending power rise, so does their impact on sports. Increased investment, sponsorship, and fan engagement are fueling long-term growth and redefining the economics of the industry. Discover the growth of women’s sports with Bank of America Institute.