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A key measure of inflation rose to a new 40-year high in June, according to new data, marking troubling news for Americans as the economy officially entered a recession on Thursday.
A key measure of inflation rose to a new 40-year high in June, according to new data, marking troubling news for Americans as the economy officially entered a recession on Thursday.
 
President Joe Biden claimed that Thursday’s economic data showing the U.S. has entered a recession is “consistent with the transition to a stable, steady growth and lower inflation.”
President Joe Biden claimed that Thursday’s economic data showing the U.S. has entered a recession is “consistent with the transition to a stable, steady growth and lower inflation.”
 
President Joe Biden suggested that the U.S. economy was not in a recession Thursday despite new economic data showing that the U.S. has entered a recession.
President Joe Biden suggested that the U.S. economy was not in a recession Thursday despite new economic data showing that the U.S. has entered a recession.
 
President Joe Biden’s administration is taking heat for apparent attempts to mask the meaning of a second consecutive quarter of negative growth for the U.S. economy.
President Joe Biden’s administration is taking heat for apparent attempts to mask the meaning of a second consecutive quarter of negative growth for the U.S. economy.
 
Worries over impact of recession grows as Meta, Alphabet look to restrict or freeze hiring
Worries over impact of recession grows as Meta, Alphabet look to restrict or freeze hiring
 
Moody's states that the average family is spending nearly $6,000 more than last year.
 
President Joe Biden dismissed talk of a potential recession Monday, ahead of upcoming GDP numbers that many experts anticipate will point to a recession.
President Joe Biden dismissed talk of a potential recession Monday, ahead of upcoming GDP numbers that many experts anticipate will point to a recession.
 
As economic data indicate that the United States is heading for a recession, the White House published a blog post last week that appeared to dismiss the rule-of-thumb recession definition.
As economic data indicate that the United States is heading for a recession, the White House published a blog post last week that appeared to dismiss the rule-of-thumb recession definition.
 
Treasury Secretary Janet Yellen said Sunday that the U.S. economy is not necessarily headed for a recession even if the gross domestic product experiences two consecutive quarters of decline.
Treasury Secretary Janet Yellen said Sunday that the U.S. economy is not necessarily headed for a recession even if the gross domestic product experiences two consecutive quarters of decline.
 
Inflation is at 9.1%, the economy is in a recession, and after a year of back and forth, Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) agreed to a massive tax and spending bill.
Inflation is at 9.1%, the economy is in a recession, and after a year of back and forth, Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) agreed to a massive tax and spending bill.
 
Why does it seem we are willing to talk ourselves into a recession?
Why does it seem we are willing to talk ourselves into a recession?
 
Be prepared for more market shocks, tax increases, inflation and pain at the pump
Be prepared for more market shocks, tax increases, inflation and pain at the pump
 
As the 2022-23 school year approaches, the United States economy appears to be sliding into a recession.
As the 2022-23 school year approaches, the United States economy appears to be sliding into a recession.
 
America's GDP has fallen over the last two quarters, stoking fears of a possible recession due to the fact that America is now in a recession.
America's GDP has fallen over the last two quarters, stoking fears of a possible recession due to the fact that America is now in a recession.
 
The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
 
he Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
he Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
 
The Biden administration is in denial over looming GDP report, scheduled for Thursday
The Biden administration is in denial over looming GDP report, scheduled for Thursday
 
Jared Bernstein, a member of President Joe Biden’s Council of Economic Advisers, on Sunday deflected on whether the United States is bound for a recession.
Jared Bernstein, a member of President Joe Biden’s Council of Economic Advisers, on Sunday deflected on whether the United States is bound for a recession.
 
President Joe Biden has just signed a bill into law prohibiting everyone in America from using the word "recession."
President Joe Biden has just signed a bill into law prohibiting everyone in America from using the word "recession."
 
White House Going Through Stages of Economic Grief, Just Like They Did With Inflation
White House Going Through Stages of Economic Grief, Just Like They Did With Inflation
 
New Hampshire Governor Chris Sununu (R) predicted that a recession is coming and blasted Treasury Secretary Janet Yellen, claiming “she’s completely misled America” and should be fired.
New Hampshire Governor Chris Sununu (R) predicted that a recession is coming and blasted Treasury Secretary Janet Yellen, claiming “she’s completely misled America” and should be fired.
 
A key data tracker used by a branch of the Federal Reserve indicates that the United States economy is showing the negative growth seen in the first quarter continued, meaning the U.S. economy is already in a recession.
A key data tracker used by a branch of the Federal Reserve indicates that the United States economy is showing the negative growth seen in the first quarter continued, meaning the U.S. economy is already in a recession.
 
Civitas Poll shows most consider inflation a 'huge' problem
 
The Federal Reserve announced on Thursday that the American banking system is projected to be able to weather the next recession.
The Federal Reserve announced on Thursday that the American banking system is projected to be able to weather the next recession.
 
Billionaire entrepreneur Elon Musk made it clear on Tuesday that he did not agree with the current administration officials — including President Joe Biden himself — who have claimed that a recession was “not inevitable.”
Billionaire entrepreneur Elon Musk made it clear on Tuesday that he did not agree with the current administration officials — including President Joe Biden himself — who have claimed that a recession was “not inevitable.”
 
President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.
President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.
 
"... all the Covid stay-at-home stuff has tricked people into thinking that you don’t actually need to work hard."
"... all the Covid stay-at-home stuff has tricked people into thinking that you don’t actually need to work hard."
 
Since the beginning of the COVID-19 recession in March, North Carolina policymakers have been watching government revenues and expenditures carefully.
Since the beginning of the COVID-19 recession in March, North Carolina policymakers have been watching government revenues and expenditures carefully.
 
Cunningham Raised Taxes During The 2001 Recession, Wants To Do It Again
 
Jay Heflin writes for the Washington Examiner about one economic impact of the COVID-19 pandemic.
 
A recession is coming, if it’s not already here, the state budget director at the N.C. Office of State Budget and Management told lawmakers in a meeting of the House Select Committee on COVID-19.
A recession is coming, if it’s not already here, the state budget director at the N.C. Office of State Budget and Management told lawmakers in a meeting of the House Select Committee on COVID-19.
 
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
 
We have experienced a decade of economic growth and the big questions many are asking is whether this growth will continue or if there will be a recession in our future?
We have experienced a decade of economic growth and the big questions many are asking is whether this growth will continue or if there will be a recession in our future?
 
What do you remember about the Stimulus Package?
What do you remember about the Stimulus Package?
 
Timing matters, in both stand-up comedy and interpreting statistical trends
Timing matters, in both stand-up comedy and interpreting statistical trends
 
If I could predict the onset of America's next recession with precision, I wouldn't tell you about it. I'd become a money manager and make a pile of it by timing the market
If I could predict the onset of America's next recession with precision, I wouldn't tell you about it. I'd become a money manager and make a pile of it by timing the market
 
In North Carolina, Republican candidates for the General Assembly and statewide offices have been told that their policies are to blame for the fact that fewer high school graduates pursue teaching careers
In North Carolina, Republican candidates for the General Assembly and statewide offices have been told that their policies are to blame for the fact that fewer high school graduates pursue teaching careers
 
This latest attack on North Carolina values is being coordinated by the same people who manage the New York City pension fund that is on the verge of an "operational failure..."
This latest attack on North Carolina values is being coordinated by the same people who manage the New York City pension fund that is on the verge of an "operational failure..."
 
The writer of Ecclesiastes says, "For everything there is a season and a time for every matter under heaven." During hard times we recognize the need to hunker down and reduce spending.
The writer of Ecclesiastes says, "For everything there is a season and a time for every matter under heaven." During hard times we recognize the need to hunker down and reduce spending.
 
Is unemployment ever voluntary? I don't ask the question in order to blame unemployed people for their fate. On the contrary, understanding the full range of causes of unemployment is required before policymakers can effectively combat it.
Is unemployment ever voluntary? I don't ask the question in order to blame unemployed people for their fate. On the contrary, understanding the full range of causes of unemployment is required before policymakers can effectively combat it.
 
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