MACRO
U.S. GDP Fell at 0.9% Annual Rate in Second Quarter; Recession Fears Loom Over Economy
Gross domestic product, a broad measure of the goods and services produced across the economy, fell at an inflation and seasonally adjusted annual rate of 0.9% in the second quarter, the Commerce Department said Thursday.
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Yellen Says US Economy Is Not Seeing Recession Conditions Now
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The world's richest man, Elon Musk, has announced that he is cancelling his acquisition of Twitter, deciding to terminate the $44 billion deal due to a number of serious breaches of the terms of the agreement and misleading statements about the number of fake accounts.
In a letter to Twitter's chief legal counsel, Elon Musk stated that the termination was due to Twitter's unwillingness to share the info...