pundits about whether we re in a recession. if you look at our job market, we see signs of economic progress in the second quarter as well. bank of america, citigroup, j.p. morgan, they have all said nothing in the data is consistent with the economy being in a recession. you don t think this is an indicator of an impending recession or one here? 64% of americans say otherwise. here s what some folks told fox digital this week. i believe we re in a recession. have you checked gas prices lately and the interest rates? clearly we re in a recession. people are not going to have money to adjust to the prices. people buy less. people don t want to buy anything. lauren simonetti and joe concha are standing by. first to the white house correspondent jackie heinrichs live on the north lawn. good afternoon. good afternoon. as far as the white house is concerned, this is not a recession at all. the administration has been trying to get ahead of the numbers since at leas
much right at the moment. not necessarily feeling it right now, but in the future, i have big plans. if interest rates go up on the home mortgages, i could be a little screwed there. i m in the corporate world. it s concerning. with the prices going up, we cannot afford sometimes what i you know. so it s hard for me. have to pinch here and there. still living our life. neil: the white house learning what americans knew all along. we re indeed in a recession. the economy pulling back as prices refuse to let up. stocks ignored this and moved up what is really up? we re going to talk to senior economic adviser, gene sperling in just a moment. this is neil cavuto and your world. first to edward lawrence at the white house on how all of this is being digested there. edward? the president confident that we re not in a recession. we re hearing it from everyone in the administration. don t look at the gdp numbers. look at job growth. in fact, the jobs that the adminis
great knowledge as always. thank you. thank you. trace: things are heating up between the doj and hunter biden investigation. that is the story of thursday of july 28, 2022. as always, the story goes on. we ll see you back here tomorrow at 3:00 p.m. eastern. your world with neil cavuto right now. tried to change it from a technical explanation to whatever it is now, i don t agree. we started feeling it months ago. you feel it every time you pay for grocery, every time you buy gas. everything is more expensive these days. cars, rent, housing. food. everything. everything has gone up in price. we are not able to do as much traveling because we don t have as much money. everything cost three times as