The impact of consumer finance reforms since the Great Recession

In an important new article, University of Pennsylvania Law School Professor Natasha Sarin deploys original empirical research to examine the impact of key consumer finance reforms implemented in the wake of The Great Recession. ...

Crises can lead to new opportunities

Crises can have a positive outcome for companies. When they see the challenges and changes in the environment as a new normal, they can use it as an opportunity to engage in more ambitious innovation efforts.

Brackish groundwater important to West Texas

Even with the downturn in the oil patch, interest in brackish groundwater remains high across West Texas, a Texas A&M AgriLife Extension Service range expert said.

Reduced fuel use by US drivers a persistent trend

(Phys.org) —Despite U.S. population growth, fuel consumption by American drivers of light-duty vehicles is now lower than it was 15 years ago, says a University of Michigan researcher.

Infosys shares surge on stronger revenue forecast

Leading Indian IT outsourcer Infosys posted higher quarterly profit and raised its revenue projection for the year on Friday after gaining more than 50 international clients.

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Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

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