The U.S. Commerce Department reported on July 28 that the nation’s gross domestic product (GDP) fell at an annual rate of 0.9% in the second quarter, marking two consecutive quarters of decline. GDP ...
White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...
The White House economic adviser, when grilled on concerns of a recession on Sunday, assured Americans that the answer to whether the Biden administration was doing everything possible to increase ...