David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...

If news about inflation, trade, the Federal Reserve and jobs has you confused and you’re not sure what to make of the US economy, don’t worry: You’re in good company. But this week offered a ton of ...

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed. By Ben Casselman The economic news of the past two weeks has been ...

Any weather-related disruption to agricultural output can quickly feed into food inflation. When the supply of key crops ...

We got a bit of good news about the economy this week, courtesy of The Conference Board’s Leading Economic Index, which tracks key economic indicators. It rose in February, a sign, the Conference ...

When Ireland's GDP figures for 2025 came in, a startling 12.3% in real terms, many spoke of a fresh economic miracle. The number, taken at face value, looks extraordinary: no advanced economy grows in ...

Some may recognize the above quote from Sally Field's Oscar acceptance speech in 1985 (which differs somewhat from the apocryphal but far more recognized "you really, really like me" version that's ...