06-20-2022

Drew Juen

06-20-2022

Articles

A recession is ‘not inevitable,’ Biden administration officials say

Biden administration officials on Sunday backed the president’s position that a recession is “not inevitable” as some economists and investors warn a period of economic decline is looming.

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Americans are starting to pull back on travel and restaurants

More Americans are beginning to hold off on booking flights, getting haircuts, building backyard pools and replacing old leaky roofs - in some of the new signs that the consumer engine of U.S. economic growth could be losing steam.

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