end of recession

It's the economic version of the kids in the backseat asking "Are we there yet?" The masses would like to know already whether the Great Recession is over yet. The short answer: Not officially. At least not according to the National Bureau of Economic Research, considered the U.S.'s semi-official...

Despite the fact that some economists think the recession will end in September, Wal-Mart's CEO Rick Duke thinks otherwise. Speaking to the Today Show he predicted a much longer recession during which there must be a "sustained change in the way that families live." Duke shared this opinion shortly...