Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic Slowdown

On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand, driven by ongoing economic concerns. Meanwhile, Danielle DiMartino Booth, a former advisor at the […]

Aug 7, 2024 - 02:00
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Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic Slowdown
Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic SlowdownOn Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand, driven by ongoing economic concerns. Meanwhile, Danielle DiMartino Booth, a former advisor at the […]

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