Washington [US], July 28 (ANI): US President Joe Biden on Thursday said it is "no surprise" that the world's largest economy is slowing down amid rising inflation in the country.
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.