Us Economy Shrinks
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US Economy Shrinks By 0.3%, Trump Says "Nothing To Do With Tariffs"
US President Donald Trump said on Wednesday that Americans should be patient in the face of a first-quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the US economy.
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Amid Worries Of Recession, US Economy Shrinks
The dollar dropped to a six-week low against the yen on Thursday, tracking the decline in Treasury yields, after data showed the US economy contracted again in the second quarter.
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Is US Headed For Recession? President Joe Biden's Reply
President Joe Biden said Monday he does not expect the United States suffer an economic downturn, although GDP figures due later this week may show the economy shrinking for a second consecutive quarter.
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"I Won't Survive": Iranians Reel From Sanctions
Anticipation of the return of the oil embargo -- due to kick in on Monday -- has already plunged the country into recession and will see the economy shrink by 3.6 percent next year, says the International Monetary Fund.
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US Economy Shrinks By 0.3%, Trump Says "Nothing To Do With Tariffs"
US President Donald Trump said on Wednesday that Americans should be patient in the face of a first-quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the US economy.
-
Amid Worries Of Recession, US Economy Shrinks
The dollar dropped to a six-week low against the yen on Thursday, tracking the decline in Treasury yields, after data showed the US economy contracted again in the second quarter.
-
Is US Headed For Recession? President Joe Biden's Reply
President Joe Biden said Monday he does not expect the United States suffer an economic downturn, although GDP figures due later this week may show the economy shrinking for a second consecutive quarter.
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"I Won't Survive": Iranians Reel From Sanctions
Anticipation of the return of the oil embargo -- due to kick in on Monday -- has already plunged the country into recession and will see the economy shrink by 3.6 percent next year, says the International Monetary Fund.
