recession

Members of the Philadelphia Arson and Explosives Task Force investigate damage caused by a fire.
Courtesy of the Philadelphia Arson and Explosives Task Force
John McDevitt
May 10, 2020 - 5:41 pm
Philadelphia's Arson and Explosives Task Force is drawing awareness to the dangers of intentionally set fires during hard economic times. Read more here.
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Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill.
Patrick Semansky/AP Photo
AP News
March 25, 2020 - 6:27 am
The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. Read more here.
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New Jersey state capitol building in Trenton.
pabradyphoto/Getty Images
David Madden
December 29, 2019 - 4:30 am
An annual survey of New Jersey businesses suggests some serious concerns going into 2020. Read more here.
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Philadelphia City Hall.
Holli Stephens/KYW Newsradio
Pat Loeb
October 28, 2019 - 8:31 am
The National Association of Business Economists has found that three out of four economists are predicting a recession by 2021, and Philadelphia budget officials say they're paying attention. Their annual financial report, released Monday, shows they've made the first-ever deposit into a rainy day...
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Donald Trump and China's Xi Jinping
Susan Walsh/AP, file
AP News
August 23, 2019 - 9:29 am
WASHINTON D.C. (AP) — President Donald Trump and China escalated their 13-month trade war Friday, sending financial markets tumbling and intensifying worries about the health of the global economy. Trump answered a new round of trade sanctions from China by promising a still-secret response, joking...
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Counselor to the President Kellyanne Conway speaks to members of the media outside of the West Wing on the North Lawn of the White House in Washington, Wednesday, Aug. 7, 2019.
Andrew Harnik/AP Photo
August 20, 2019 - 10:10 am
By Zeke Miller and Josh Boak, Associated Press WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection...
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Philadelphia Poet Laureate Raquel Salas Rivera participates in protests in San Juan, Puerto Rico.
Courtesy of Raquel Salas Rivera
Shara Dae Howard
July 29, 2019 - 11:29 am
PHILADELPHIA (KYW Newsradio) — Philadelphia Poet Laureate Raquel Salas Rivera was among the crowds of thousands upon thousands who took to the streets of San Juan, Puerto Rico, for nearly two weeks demanding that Gov. Ricardo Rosselló resign after the leak of homophobic and misogynistic group chat...
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A growing number of economists predict that the United States will experience a recession sometime later this year or in 2020. Investors are starting to worry about a downturn, too.
Spencer Platt/Getty Images
January 22, 2019 - 10:45 am
By Paul R. La Monica, CNN Business (CNN) -- A growing number of economists predict that the United States will experience a recession sometime later this year or in 2020. Investors are starting to worry about a downturn, too. About three quarters (73%) of investors expect a recession within the...
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