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By Paul Wiseman, Associated Press
Most economists believe the strong jobs market has kept the economy from slipping into a downturn.
The unemployment rate is expected to remain at 3.6% — just off a 50-year low — for the fifth consecutive month.
By Danica Kirka, Associated Press
The central bank forecasts that the war in Ukraine will fuel further inflation and tip the U.K. economy into a prolonged recession.
By Associated Press
Economic uncertainty isn't going away anytime soon. Here are steps you can take now to be ready for whatever is ahead.
By Josh Boak, Zeke Miller, Associated Press
Republicans say Thursday's report showing the economy shrank for the second consecutive quarter is evidence of a "Biden recession." Biden pointed to near-record-low unemployment and signs of continued business investment in the economy.
Senate Democrats are lauding a deal on a spending package to reduce the deficit, lower health care costs, raise corporate taxes and combat climate change. It's a stunning development after more than a year of negotiations had failed to win…
New data out Thursday shows the U.S. economy shrank for the second straight quarter, raising concerns that the nation might be nearing, if not already in, a recession. The White House pushed back against that idea, pointing to strong job…
By Christopher Rugaber, Associated Press
The U.S. economy has contracted for two straight quarters, intensifying fears that it is on the cusp of a recession, if not already in one, barely two years after the pandemic downturn officially ended.
Treasury Secretary Janet Yellen says "our economy remains resilient" despite rising inflation and the worry about a recession. This comes as the U.S. economy shrank from April through June for a second straight quarter.
By Matt Ott, Associated Press
Average long-term U.S. mortgage rates retreated this week just as the Federal Reserve announced another big rate hike in its bid to get four-decade high inflation under control.
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