Why another GDP decline may not mean the US is in recession
The Biden administration is ramping up messaging that two quarters of negative growth do not mean a recession, bracing Americans for a likely tough economic report on Thursday. Economists say new federal data could show U.S. gross domestic product (GDP) shrinking between April and June, marking the second straight quarter of contraction. That will likely fuel concerns that the U.S. economy is slipping into recession — if it hasn’t already. “One quarter can just happen for weird quirky reasons,” Matt Darling, employment policy fellow at the Niskanen Center think tank, sai
Read MoreThe Memo: Democrats see signs for hope in key midterm races
Democrats are seeing some reasons for optimism amid a grim political environment as they look at this year’s marquee midterm contests. Even as the party struggles with a plethora of problems — inflation, still-elevated gas prices and President Biden’s low approval ratings, among others — its candidates are putting up an unexpectedly fierce fight in many statewide races. Democrats are especially enthused about the chance of picking up a Senate seat in Pennsylvania, where several recent polls have given Lt. Gov. John Fetterman (D) the advantage over Republican Mehmet Oz, b
Read MoreDC postpones second monkeypox vaccine citing shortage, increase in cases
The Washington, D.C., health department has announced that it has postponed administering a second dose of the monkeypox vaccine to residents, citing shortages and an increase in cases. “Given the rapid increase in monkeypox cases, and the very limited supply of vaccine, DC Health has decided the most urgent priority is providing first doses of vaccine to high-risk residents,” the deprtment said in an emailed message sent to residents on Monday. The department said the decision was based on seeing the one-dose vaccine distribution strategy being used in New York C
Read MoreTop Pence aide slams Gaetz for saying former VP can't be president
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Read MoreHungary's Orbán condemned for 'mixed race' remarks
Hungarian Prime Minister Viktor Orbán is facing backlash for remarks he made about “mixed race” nations at an event over the weekend. During a speech at the Bálványos Summer Free University and Student Camp, Orbán, a popular figure among U.S. conservatives who is set to speak at the Conservative Political Action Conference (CPAC) next month,
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