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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world's biggest economy. ——in the world's biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we'll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. th...

BBCNEWS World Business Report June 4, 2024 04:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:36:00

Down yet and that is going to have a biting effect of people looking to curtail the spending —— cooling down. it's the sort of thing that could lead to further declining growth. we are actually _ further declining growth. we are actually going to look at the results from amazon and apple later in the programme to talk about those things. the other aspect of this is government spending and it has the client on all levels, whether talking federal, state or local. senate democrats have just finalised what is essentially their big economic plan on thursday, including the largest investment in ...