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Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June.
Tagged with: Economy
Read More »US economy drops at 0.6% annual rate from April through June
Economy shrank 0.9% last quarter, its 2nd straight drop
The U.S. economy shrank from April through June for a second straight quarter.
Tagged with: Economy inflation
Read More »Economy sending mixed signals: Here’s what it all means
The U.S. economy is caught in an awkward, painful place. A confusing one, too.
Tagged with: Economy inflation
Read More »Fed official: Solid economy can handle rising rates
The U.S. economy is healthy and shows little sign of an imminent recession, and can withstand higher interest rates, the St. Louis Federal Reserve president said.
Tagged with: Economy federal reserve inflation
Read More »Consumer confidence tested as economic anxiety grows
U.S. consumers were less confident again in June as persistent inflation and rising interest rates have Americans as pessimistic as they've been about the future in almost a decade.
Tagged with: consumer confidence Economy inflation
Read More »Yellen: Recession not inevitable, gas tax holiday weighed
Treasury Secretary Janet Yellen said that she expects the U.S. economy to slow in the months ahead, but that a recession is not inevitable.
Tagged with: Economy janet yellen Recession treasury department
Read More »Hogan unveils aid for businesses, extols his economic record at conference
Small businesses in Maryland could be eligible for $25 million in new state aid. Gov. Larry Hogan announced a third round of grants through the Project Restore program as part of his remarks Tuesday at the Maryland Municipal League conference ...
Tagged with: Economy Gov. Larry Hogan Small business tax cuts
Read More »EXPLAINER: Recession fears grow. Just how high is the risk?
Is the United States at risk of enduring another recession, just two years after emerging from the last one?
Tagged with: Economy inflation Recession
Read More »Economy shrinks, threats loom, but growth likely to last
The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, but consumers and businesses kept spending.
Tagged with: Economy
Read More »How inflation and tangled supply lines are gripping the economy
Inflation and tangled supply chains have seeped into nearly every nook of the economy, forcing consumers and businesses to make painful decisions that many of them have never had to contemplate before.
Tagged with: Economy inflation prices
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