Joe Biden On Us Recession

US President Joe Biden on Tuesday voiced confidence that he could beat his predecessor Donald Trump in a 2024 rematch -- even as he acknowledged the country could sink back into recession under his leadership.

President Joe Biden said Monday he does not expect the United States suffer an economic downturn, although GDP figures due later this week may show the economy shrinking for a second consecutive quarter.

Elon Musk, CEO of Tesla, said a 10 per cent cut in salaried staff at the electric car maker will happen over three months

A recession in the United States is not inevitable, President Joe Biden said Monday, while acknowledging the economic pain being experienced by Americans as inflation soars.

With one week left before Congress' August recess, President Barack Obama is prodding Republicans to help ease the influx of unaccompanied minors and migrant families from Central America, but with chances dimming that border legislation will reach his desk before the break, he also is focusing on other ways to stem the flow.

US President Joe Biden on Tuesday voiced confidence that he could beat his predecessor Donald Trump in a 2024 rematch -- even as he acknowledged the country could sink back into recession under his leadership.

President Joe Biden said Monday he does not expect the United States suffer an economic downturn, although GDP figures due later this week may show the economy shrinking for a second consecutive quarter.

Elon Musk, CEO of Tesla, said a 10 per cent cut in salaried staff at the electric car maker will happen over three months

A recession in the United States is not inevitable, President Joe Biden said Monday, while acknowledging the economic pain being experienced by Americans as inflation soars.

With one week left before Congress' August recess, President Barack Obama is prodding Republicans to help ease the influx of unaccompanied minors and migrant families from Central America, but with chances dimming that border legislation will reach his desk before the break, he also is focusing on other ways to stem the flow.