Tag: Recession

Survive layoffs, succeed with upskilling through AI

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here. The past few years have been some of the most dynamic — and difficult — times of our lives. From emerging COVID-19 waves to record-high inflation and growing fears of recession, the world is […]

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SaaS SOS: What you can do to save your SaaS company as recession looms 

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here. Interest rates are rising in the US, a cost of living crisis is taking hold in Europe, and investor appetites are cooling worldwide. In short, a global recession is likely on the way. In […]

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Is the US in a recession? It depends on who you ask

The Commerce Department released data on Thursday showing that the U.S. gross domestic product (GDP) shrunk for a second consecutive quarter.   The data prompted media headlines warning about the increased possibility of a recession and outcry from Republicans, quick to slam President Biden for his economic policies.   For its part, the Biden administration […]

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The Economy Is Doing Amazingly Well for One That’s Possibly in a Recession

How is the U.S. economy doing otherwise? It’s taken some knocks in recent months, but when you consider it may be in a recession, it’s still doing remarkably well. Unemployment is a low 3.6 percent, a whisker above its 3.5 percent level before the Covid pandemic. “Under the Trump administration, we had the greatest economy […]

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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 […]

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Warren: Fed chief threatening ‘surprisingly strong economic recovery’

Sen. Elizabeth Warren (D-Mass.) writes in a new op-ed that Federal Reserve Chairman Jerome Powell’s efforts to control inflation risk “triggering a devastating recession” and jeopardizing the country’s “surprisingly strong” post-pandemic economic recovery.  “Rising costs are an urgent problem, and interest rates play a key role in maintaining price stability. But urgency is no excuse […]

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Where Are Legislators in the Fight Against Inflation?

Claudia: There is a long list. One that has a particular urgency would be energy policy. The price of gasoline has doubled since before the pandemic, and it has risen $1.50 in the last three months since Putin invaded Ukraine. That is a massive change in a very short period of time. That creates a […]

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