
What Is a Recession? How One Is Defined and Declared
What is a recession? Why "two quarters of falling GDP" isn't the official definition, who actually declares one, and why the announcement always comes late.
Make sense of the headlines with calm, clear news explainers that focus on context, not noise. We break down what happened, the background you need, why it matters and what could come next — across current events, politics, the economy and world affairs. Our aim is to explain rather than persuade, citing reputable sources so you can weigh the facts and reach your own conclusions.

What is a recession? Why "two quarters of falling GDP" isn't the official definition, who actually declares one, and why the announcement always comes late.

Inflation is one of the most reported and least explained words in the news. Here’s what it actually measures, what drives it, why policymakers deliberately aim for a little of it, and what it means for your money. Key takeaways…