US GDP data due with all eyes on possible recession - CNA

WASHINGTON: The United States is set to release key data on economic growth on Thursday (Jul 28) and global investors are watching closely as the world's largest economy flirts with recession - while President Joe Biden walks a political tightrope. Though Bid…

In recent days, Biden has led his administration in a chorus of denial. "We're not going to be in a recession, in my view," he insisted on Monday. Treasury Secretary Janet Yellen argued that while … [+1290 chars]

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