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  2. List of recessions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_recessions_in_the...

    The unofficial beginning and ending dates of recessions in the United States have been defined by the National Bureau of Economic Research (NBER), an American private nonprofit research organization. The NBER defines a recession as "a significant decline in economic activity spread across the economy, lasting more than two quarters which is 6 months, normally visible in real gross domestic ...

  3. Recession: It's in the (gift) cards - AOL

    www.aol.com/.../09/recession-its-in-the-gift-cards

    Used to be that when you received a gift card for Christmas from a major retailer like Wal-Mart, you'd use it to buy something fun -- say, that new Eagles CD -- and you'd redeem said gift card at ...

  4. 6 reasons a recession is in the cards soon - AOL

    www.aol.com/6-reasons-recession-cards-soon...

    While the summer brought lower inflation rates, higher jobs rates and boosts of consumer spending, Bloomberg Economics is warning that a recession is more likely than not happening soon. Citing ...

  5. Great Recession - Wikipedia

    en.wikipedia.org/wiki/Great_Recession

    The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred in the late 2000s. The scale and timing of the recession varied from country to country (see map).

  6. 2007–2008 financial crisis - Wikipedia

    en.wikipedia.org/wiki/2007–2008_financial_crisis

    The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks, and the bursting of the United States housing ...

  7. Christmas shoppers putting fewer gifts under the tree as ...

    www.aol.com/christmas-shoppers-putting-fewer...

    If the Christmas tree looks larger this year, the reason may be the smaller pile of gifts beneath it. Retail analysts expect Americans to spend roughly the same amount on holiday gifts this year ...