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Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022. The Fed's rate hiking cycle has begun to cause the country's economic situation to decline as fears of a recession percolate.

Fed’s aggressive rate hikes start to crack economy

Zach Halaschak -
0
Republicans declare recession after negative GDP report
Business

Republicans declare recession after negative GDP report

Zach Halaschak -
0
In this May 4, 2018 photo, technicians works on the wiring of a twin-engine Lakota helicopter, at the Airbus Helicopters, Inc., manufacturing facility in Columbus, Miss. U.S. factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months. The Federal Reserve said Wednesday, May 16, that factory output rose 0.5 percent in April after a flat reading in March.
Business

Economy in recession range, with GDP contracting 0.9% in second quarter

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022. The Fed's rate hiking cycle has begun to cause the country's economic situation to decline as fears of a recession percolate.

The US is not in recession, Fed Chairman Powell says

Zach Halaschak -
0
The Dow Jones Industrial Average and the S&P 500 posted their first quarterly decline since President Trump took office.
White House

White House challenges common definition of ‘recession’ — here’s what to know

Zach Halaschak -
0
World Bank cuts global growth forecast and warns of stagflation risk
News

World Bank cuts global growth forecast and warns of stagflation risk

Zach Halaschak -
0
New budget numbers show US careening toward calamity
Beltway Confidential

New budget numbers show US careening toward calamity

Quin Hillyer -
0
Americans paying most income taxes ever
Economy

Americans paying most income taxes ever

Paul Bedard -
0
Engineer with walkie-talkie.
Business

First-quarter economic growth revised down slightly to negative 1.5% annual rate

Zach Halaschak -
0
Congress returns from the August recess to face work on immigration, the debt limit, funding the government, and help for victims of Hurricane Harvey. (AP Photo/J. Scott Applewhite)
News

CBO projects Fed will pull off soft landing and avoid recession

Zach Halaschak -
0
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