ups and downs

noun
rises and falls of fortune; good and bad times: Every business has its ups and downs.

Origin:
1650–60

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
ups and downs
 
pl n
alternating periods of good and bad fortune, high and low spirits, etc

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Idioms & Phrases

ups and downs

Good times and bad times, successes and failures, as in We've had our ups and downs but things are going fairly well now. This term was first recorded in 1659.

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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Example sentences
Mango growers have suffered financial ups and downs.
My father's all right, he's known all sorts of ups and downs himself.
Why he went, what he did there, and all about his ups and downs.
Obviously they've had there ups and downs, booms and busts, over the years.
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