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A recession is a major downturn in a country's economy that lasts for months. It’s marked by declining GDP over two ...
The White House last month paused far-reaching “reciprocal tariffs” on dozens of countries, just hours after the measures ...
Goldman Sachs raised its forecasts for Chinese and U.S. economic growth, and cut its odds for a U.S. recession, after the ...
but it doesn’t mean the economy is rushing toward a recession. At least not yet. Gross domestic product, the official scorecard of the economy, shrank at a 0.3% clip in the first quarter.
Sen. Ron Johnson (R-Wis.) weighed in on a potential recession due to the Trump administration’s economic policies, noting that “you have to act boldly” to clean up a mess. Johnson joined CNN ...
While Trump assured he personally wasn’t worried about a recession, he admitted, “Anything can happen, but I think we’re going to have the greatest economy in the history of our country.” ...
President Donald Trump is downplaying concerns about a potential recession after the U.S. economy saw its first drop in GDP in years, as he emphasized a transition period and long-term goals ...