White House economic officials are taking to the media to give the “technical” definition of a recession ahead of a potential second quarter of negative GDP growth. In a blog posted by the White House ...
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TOPSHOT - Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. - Wall Street stocks resumed their downward slide ...
An economic depression is a period of sharp and sustained decline in economic activity that typically includes negative gross domestic product growth and a substantial rise in unemployment, poverty ...
The Environmental Protection Agency (EPA) announced Monday a proposed rule to revise the definition of "waters of the United States" (WOTUS) under the Clean ...
Investors are facing mixed signals from a cooling economy and expectations for continued corporate earnings growth. A surprise surge in unemployment has raised recession fears, but they might be ...
Economic reality cannot be denied—but can it be redefined? That's what the Biden administration is about to find out, following the release on Thursday morning of a report from the Bureau of Economic ...
The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of a ...