John podesta had several dinners with Top Justice Department officials during the clinton email investigation. Breaking news in new york city this morning. 6 00 a. M. Alarm fire tears through Apartment Building in east side of manhattan. At least one person has died. We will bring you the latest developments on this still developing story. Another road block for apple, new air pod wireless headphones, details on that move coming up. The parade of earnings continue coming up. Twit e asaid to report ahead, investors looking at update and cost cutting. We heard from Deutsche Bank, swinging to a profit in the Third Quarter. It set aside more money to cover litigation costs. The stock this morning still looking lower but Deutsche Bank seems to be bottoming out. Check the broader markets right now. We are expecting a lower opening to stock prices alough its been a fractional move as you can see there. Some good news for the uk, the economy growing at a faster rate than many expected. First g
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Economists, politicians, and business leaders are split on whether the U.S. economy is heading for a recession, is already in one, or will merely experience a slowdown. With continued supply chain disruptions, geopolitical conflicts (most notably the war in Ukraine), and the Fed’s determination to continue increasing the federal funds interest rate, there is tremendous uncertainty around inflation and where the economy is heading. Mixed signals abound, however U.S. gross domestic product (GDP) increased for the first time this year in the third quarter, expanding at a higher-than-expected 2.6 percent annually. Unemployment remains low, wage increases are strong and while growth and earnings are slowing, most consumers and corporations are in good financial condition with healthy underlying credit.