White House says US not in recession, lowering inflation 'number one' priority

South Africa News News

White House says US not in recession, lowering inflation 'number one' priority
South Africa Latest News,South Africa Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

The White House said Thursday the US is not in a recession and touted unemployment rates and the stock market as proof of a strong economy.

Pre-pandemic unemployment rates in January and February 2020 also were 3.5%.

The Bureau of Labor Statistics estimates that unemployment had risen to 24.9% during the Great Depression in 1933. MAERSK CEO: 'DARK CLOUDS ON THE HORIZON' AMID UKRAINE WAR, EUROPEAN ENERGY CRISIS, POTENTIAL RECESSION "The stock market just finished its biggest month in 40 years," he said. "And even with a little bit fall back on the market yesterday, the market closed yesterday higher than any day, any one day of Donald Trump's four-year presidency."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House: NKorea covertly shipping artillery to RussiaWhite House: NKorea covertly shipping artillery to RussiaThe White House on Wednesday accused North Korea of covertly shipping a “significant number” of artillery shells to Russia in support of its invasion of Ukraine
Read more »

White House: NKorea covertly shipping artillery to RussiaWhite House: NKorea covertly shipping artillery to RussiaThe White House on Wednesday accused North Korea of covertly shipping a “significant number” of artillery shells to Russia in support of its invasion of Ukraine. National Security Council spokesman John Kirby said the U.S. believes North Korea is “trying to make it appear as though they’re being sent to countries in the Middle East or North Africa.” Kirby said North Korea “is covertly supplying” the ammunition to Russia, but that, “we’re still monitoring this to determine whether the shipments are actually received.'
Read more »

North Korea Sending Artillery to Russia for War in Ukraine, White House SaysNorth Korea Sending Artillery to Russia for War in Ukraine, White House SaysNorth Korea is supplying Russia with artillery shells, including shipments through countries in the Middle East and North Africa, the Biden administration said
Read more »

North Korea is secretly supplying weapons to Russia, White House saysNorth Korea is secretly supplying weapons to Russia, White House saysNorth Korea is covertly supplying a 'significant number' of artillery shells to Russia for use in Ukraine, White House National Security Council spokesman John Kirby says.
Read more »



Render Time: 2025-03-04 18:02:44