White House Pushes Back Against Recession Speculation as Stock Market Drops
By Jack Phillips A top White House economic adviser pushed back against talk of a U.S. recession amid uncertainty on tariffs and U.S. stock indexes dropping on Monday. In an interview with CNBC, Kevin Hassett, who leads the White House’s National Economic Council, said there were many reasons to be bullish about the economy despite predictions of a downturn. “There are a lot of…
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US Government Acquires Equity Stakes in 7 More Companies
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