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Recession watch

Will the U.S. economy soon be in a recession? It's the trillion-dollar question that even experts don't know the answer to. Here's how to prepare for a potential downturn, and how one could impact you.

Insights from our expert analysts

“Economic uncertainty is a time for reducing debt and boosting savings, not the other way around.”

– Greg McBride, CFA

Do's and don'ts of saving during a recession

To help you navigate saving during a recession, we asked a number of experts what some of the most helpful things to do are, as well as some things you should try to avoid at all costs.
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Recessions & your money

Illustration of a person holding a house with a rain cloud over it
How might a recession affect the housing market? Find out what the experts think.
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Here are some tips to help make sure your retirement savings are protected in the event of a recession.
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The once-booming labor market is starting to face some trouble.

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Latest articles

Outside of the Federal Reserve building
The Federal Reserve raised interest rates several times. These interest rate changes are likely to affect the rates of personal loans.
Traders work on the floor of the New York Stock Exchange
It isn’t always about two consecutive quarters of negative GDP growth.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway
Warren Buffett halves Apple stake: What investors can learn from the move.
The Index of bonds on a screen
Borrowers have a window of opportunity to get or refinance a mortgage.
Trader looks at plummeting stock chart
Is a stock you own plummeting? Here’s how to decide what to do next.
Federal Reserve Chair Powell at a podium
As the job market weakens, some economists say the Fed should’ve cut rates already.
woman looking tired at computer
Here’s how to financially prepare for the possibility of sudden unemployment.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
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You don’t need a big balance to qualify for a high-yield money market account.
Happy woman reacting to news from her laptop
Here are five ways automatic transfers can make growing your savings easy.
Young person writing on a notepad
Whether you hope to buy a home or just rent for a while, a solid savings plan is the key to finally moving out of your parents’ house.
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A resilient job market makes it hard to tell if it’s the last call to negotiate.
young woman on ipad with illustrations in the background
Understanding what determines CD rates can help you decide whether to get one.
woman cleaning her house
Clearing out a dusty closet or dank basement can yield moneymaking treasures for resale.
Hand holding cash and a bank building in the background
If you’re interested in the good a bank can do, you should know about these banks.
Color illustration of cash
Most banks still limit money market account withdrawals. Here are the details.
Outside of the Federal Reserve building
The Federal Reserve raised interest rates several times. These interest rate changes are likely to affect the rates of personal loans.
Traders work on the floor of the New York Stock Exchange
It isn’t always about two consecutive quarters of negative GDP growth.
Federal Reserve Chair Powell at a podium
As the job market weakens, some economists say the Fed should’ve cut rates already.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
Portrait of a happy woman smiling outdoors and looking thoughtful
The Federal Reserve is poised to cut rates in September. Will it be enough to entice homebuyers?
Student walking through college campus.
The Federal Reserve’s actions can influence student loan interest rates.
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