A Seattle bank invited me to speak to their clients, and afterward the bank did something different: they presented a panel of their clients to talk about how the downturn was affecting them.

The excess supply of housing units is being worked off quickly. Here's the picture for new single-family homes:

Hollywood has said that it's recession proof, because in hard times people will seek escape from their worries by going to the movies. The Wall Street Journal (subscription required) reports a new study that found just the opposite--when time are...

Oops, Wall Street got another industry wrong. After proclaiming that casinos were recession-proof, they've recently learned just the opposite. Here's what one mutual fund manager said before the downturn...

Wall Street's rule of thumb, that recession is two consecutive quarters of declining GDP, is not technically correct. But it's not a bad rule of thumb. Certainly there's no recession when the economy is growing substantially, even if the growth is...