logo
episode-header-image
Jul 2022
1m 50s

The economy shrank for the second quarte...

MARKETPLACE
About this episode
GDP declined 0.9 percent in the three months ending in June; Senate Democrats considering bill on climate change, Medicare prescription drug coverage, and other reforms; JetBlue wins bidding war for Spirit Airlines; Meta reports first quarter of revenue decline

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Up next
Jul 2024
There’s a bit less sizzle in the labor market
The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ... Show More
1m 33s
Jul 2024
Fed to wait and see on inflation
Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 
1m 5s
Jul 2024
Lower travel costs mean we’ll be doing more of it this Fourth of July
A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May. 
1m 5s
Recommended Episodes
Dec 2023
Policymakers take divergent paths toward rate exit
Central banks in Europe and the US left borrowing costs untouched this week. But the latter went a step further and unexpectedly promised cuts. In this Viewsroom podcast, Breakingviews columnists explain how ratesetters, who were slow to tackle inflation, could be laggards again. ... Show More
12m 9s
Apr 2024
TikTok countdown, Trump’s foreign courters, Boeing and plastic divide
The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance. Countries around the world prepare for a possible second Donald Trump presidency. Boeing faces tough questions from investors as it announces results. And negotiators try to coalesce arou ... Show More
12m 38s
Aug 2022
9:05 AM ET: Q2 GDP declined less than previously thought
The US economy shrank at a slightly slower rate than estimated during the second quarter. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy 
43s
Sep 2022
9:09 AM ET: GDP shrinks for 2nd straight quarter
Revised GDP data shows US economy shrank in the second quarter, solidifying two straight quarters of contraction -- one definition of a recession. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy 
30s
May 2024
New Caledonia riots, Lael Brainard interview and Blinken’s rock performance
Riots rage in New Caledonia, as France approves changes to voting rules in the French territory. President Biden’s top economic adviser – Lael Brainard – joins the Reuters World News podcast for an interview, as the US hits China with steep tariffs. Plus, Secretary of State Anton ... Show More
12m 45s
Jul 2022
8:47 AM ET: US economy shrinks again
US economy shrank again in the second quarter, fueling recession fears. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy 
41s
Apr 2024
Trump’s trials, Powell’s warning and geopolitics at the Olympics
The Supreme Court hears a January 6th case with implications for Donald Trump. Fed Chair Jerome Powell’s hawkish turn on interest rates raises the stakes for poor countries seeking debt relief. And with 100 days to go until the Olympics in Paris, global tensions hang over the Gam ... Show More
12m 12s
Apr 2024
Economists’ Expectations for the U.S. Economy
P.M. Edition for April 17. Economists raised their expectations for U.S. growth, inflation and the level of future interest rates in the latest WSJ quarterly survey. Markets and economics reporter Sam Goldfarb has more. Plus, Boeing’s quality issues take center stage at a congres ... Show More
12m 51s
Listen to millions of songs and podcasts on Anghami