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Recession A recession is a period of reduced economic activity. It is typically defined as two consecutive quarters of negative economic growth, as measured by a country's gross domestic product (GDP). A recession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in consumer spending. While recessions can be difficult for individuals and businesses, they are a normal part of the business cycle and are often followed by periods of economic growth.
Executive editor Diana Ransom was among the layoffs at Inc. magazine this week. She has been with the publication for nearly 12 years. Ransom has covered several presidential campaigns, a couple of recessions and one major health crisis for a variety of outlets, including The Wall Street Journal, the New York Daily News, Fast Company, Entrepreneur, The Christian Science Monitor and others. […]
The US Dollar Index (DXY) is trading practically flat on Thursday, consolidating losses after a bearish reversal on Wednesday, as downbeat Services and employment data, coupled with the ongoing tariffs uncertainty, revived fears of an upcoming recession.The US Institute of Supply Management’s Servic