Recession lurking as US economy contracts again in the second quarter - CNA

WASHINGTON: The US economy unexpectedly contracted in the second quarter, with consumer spending growing at its slowest pace in two years and business spending declining, which could fan financial market fears that the economy was already in recession. The se…

The White House is vigorously pushing back against the recession chatter as it seeks to calm voters ahead of the Nov 8 midterm elections that will decide whether President Joe Biden's Democratic Part… [+2468 chars]

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