US Economy Contracts for a Second Straight Quarter, Raising Fears of a Recession
The US economic situation continued its decline for a second consecutive quarter, registering a 0.9% annual contraction from April to June. Concerns are growing that the nation might be on the brink of an economic downturn, characterized by two consecutive quarters of reduced economic activity. This downturn in Gross Domestic Product (GDP) was primarily influenced … Read more
