Biden admin. dismisses recession concerns ahead of looming GDP report

Biden admin. dismisses recession concerns ahead of looming GDP report

FILE - Pedestrians pass the New York Stock Exchange on July 14, 2022, in New York. The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers keep spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs a month. (AP Photo/John Minchillo, File)The White House has continued to play off concerns of recession. Both the President and his aides insisted Monday that their administration does not believe the economy will hit a recession despite widespread inflation. Their dismissal came ahead of the GDP report to be released this week, which will show whether the US has experienced two consecutive quarters of shrinking.

Two Americans dead in Donbas region of Ukraine

Two Americans dead in Donbas region of Ukraine

Ukrainian soldiers walk next to destroyed Russians armored vehicles in Bucha, Ukraine, Saturday, April 2, 2022. (AP Photo/Rodrigo Abd)Two American volunteers in Ukraine died in the countries Donbas region. According to the US State Department, the two Americans were believed to have assisted Ukraine’s military defenses against Russia when they died. The department has offered to provide the victims families consular assistance and keep further details private.

Japanese authorities search for motive in Abe murder

Japanese authorities search for motive in Abe murder

FILE - Japanese Prime Minister Shinzo Abe reacts during a press conference at the prime minister official residence in Tokyo on Aug. 28, 2020. Japan's Cabinet on Friday, July 22, 2022 formally decided to hold a state funeral on Sept. 27 for the assassinated former Prime Minister Abe, amid national debate over the plan which some criticize an attempt to glorify a divisive political figure. (Franck Robichon/Pool Photo via AP, File)The assassin of former Japanese Prime Minister Shinzo Abe is undergoing mental health evaluations as authorities try to find a motive to the killing. Abe, 67, was pronounced dead by doctors at the Nara Medical University Hospital, at 5:03 p.m local time on Friday, just over five hours after being shot while delivering a campaign speech in front of a small crowd on a street.

Bannon to testify on J6 show trial after Trump approval

Bannon to testify on J6 show trial after Trump approval

FILE - Former White House strategist Steve Bannon speaks with reporters after departing federal court on Nov. 15, 2021, in Washington. The House committee investigating the Jan. 6 riot is returning Thursday, July 14, 2022, with a hearing that will examine the three-hour plus stretch when Donald Trump failed to act as a mob of supporters stormed the Capitol. Committee members say a lawyer for former Trump strategist Steve Bannon, who faces criminal charges after months of defying a congressional subpoena, told the committee over the weekend that Bannon may now be willing to testify.(AP Photo/Alex Brandon, File)Former Chief White House Strategist Steve Bannon agreed to speak with January 6 committee after getting permission from Donald Trump. According to reports on Sunday, Bannon will testify before the Democrat committee after Trump waived his executive privilege in a letter sent on Saturday.