Economy

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A fresh strand of research studies the consequences, both in China and the rich world ...
Biden ducked the term in his initial statement Thursday about the US economy contracting for a second straight quarter — after the White House insisted that a recession isn’t happening. ...
The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, according to the Bureau of Economic Analysis. Stephanie Ruhle discusses. ...
The U.S. economy has contracted for a second straight quarter – which signals that the country is in a technical recession. The real gross domestic product (GDP) – the inflation-adjusted value of goods and services for sale produced by an economy – decreased by 0.9% in the second quarter of 2022, t... ...

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