Google Alert - Business

	Business Daily update ⋅ July 29, 2022
	NEWS
	The Washington Post US economy shrinks again in second quarter, reviving recession fears The Washington Post The U.S. economy shrank again for a second straight quarter, at an annual rate of 0.9 percent, which has often signaled a recession. The new figures, released Thursday by the Bureau of Economic Analysis, come at a tumultuous time for the economy, ... Flag as irrelevant
	CNN Biden dismisses recession fears despite US economy shrinking again in second quarter CNN The President said slower growth was expected compared to last year amid the nation's economic recovery from the Covid-19 pandemic, and said it was "consistent with the transition to a stable, steady growth and lower inflation.". Flag as irrelevant
	NPR US economy just had a 2nd quarter of negative growth. Is it in a recession? NPR The U.S. economy shrank in the last three months by 0.9%. This is the second consecutive quarter where the economy has contracted. In the first quarter, GDP, or gross domestic product, decreased at an annual rate of 1.6%. While two consecutive quarters ... Flag as irrelevant
	CNBC JetBlue to buy Spirit for $3.8 billion, Frontier shares jump after its deal falls apart CNBC JetBlue's takeover of Spirit would create the country's fifth-largest airline. The takeover agreement faces scrutiny from the Justice Department. The deal was announced after Spirit and Frontier ended their merger agreement on Wednesday. Flag as irrelevant
	CNN Treasury Secretary Janet Yellen: US economy remains 'resilient' despite GDP decline CNN That indicates an economy that is transitioning to more "steady, sustainable growth," Yellen said. Such a slowdown is expected, considering the strong economic recovery that has occurred since the depths of the pandemic, she said. Flag as irrelevant
	PBS NewsHour Labor market still considered strong after weeks of mixed jobless benefit numbers PBS NewsHour WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week's number was revised upward significantly, with claims breaching the 250,000 level in back-to-back weeks for the first time in more than eight months. Flag as irrelevant
	The Washington Post The fight to save energy by controlling your thermostat (and pool pump) The Washington Post When extreme heat settles over Central Texas, the local power company, Austin Energy, uses an unconventional tool to keep the grid from buckling: It taps into the internet to adjust the smart thermostats of 25,300 consenting customers, briefly pushing ... Flag as irrelevant
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