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warning as president biden and president xi jinping talking on thursday as tension continues to grow over taiwan. border officials and lawmakers as the washington, d.c., mayor calls for the national guard to be activated to assist with the migrants they. busses arriving from texas and arizona. president biden there is no surprise economy is slowing down, but he insists he still has the nation on the right path. good evening. good evening, janet. on thursday, they re widely expected announcement of american economy officially entering a recession became a reality because the gdp shrank by 0.9% in april through june, the second quarter of decline, but the president at the white house continue to dispute the traditional definition of recession. president biden: let me greg: to one other issue, gdp. and whether or not we are in a recession. peau chairman powell and many of the significant banking personnel and economists say were not in a recession. come that the wh ....
Recession. peau chairman powell and many of the significant banking personnel and economists say were not in a recession. come that the white house of those after announcing details of the inflation reduction act. mr. wyden refuting a recession in part by saying the inflation reduction act will cut inflation which had a 40 year high in june, and biden is also touting unemployment is at 3.6% and more than 1 million jobs were created in the second quarter. this week though, the white house is accused of trying to redefine recession. and official white house blog post, does a little much then waiting in part what is a recession? while some maintain that two consecutive quarters of failing real gdp constitute a recession, that doesn t need to be the ....