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G.D.P. Report Shows U.S. Economy Shrank Again: Live Updates

Gross domestic product fell by 0.2 percent in the second quarter, after a 0.4 percent decline in the first, fueling fears that a recession may have already begun.  » mehr lesen

JetBlue and Spirit Airlines Announce Merger Plan

The deal, which values Spirit at $3.8 billion, comes a day after Frontier’s bid for Spirit fell apart. It is likely to face antitrust scrutiny.  » mehr lesen

West Virginia Punishes Banks That It Says Don’t Support Coal

The move to exclude the institutions from state business is part of a growing effort by Republican officials to shut out companies that are backing away from fossil fuels.  » mehr lesen

Democratic lawmakers want the F.T.C. to go after gun ads.

Two Democratic lawmakers are sponsoring a bill that would push the agency to scrutinize the way the gun industry markets firearms.  » mehr lesen

German Inflation Hits 8.5 Percent, Again Driven by High Energy Prices

Consumer prices in Europe’s largest economy rose again in July, as energy prices soar 35 percent over a year ago.  » mehr lesen

Highlights From Today’s G.D.P. Report

Inventories were a big drag on the G.D.P. number. Construction of homes and nonresidential structures declined. And federal spending fell.  » mehr lesen

Climate Change Is Probably a Drag on Growth, but It’s Unclear How Much

Plenty of long-term models show that rising temperatures are bad for the economy. Estimating the impact in real time is very tricky.  » mehr lesen

Federal Reserve says Economy is Not in Recession

Chair Jerome Powell was asked in every way possible whether the economy was in, or headed toward, a recession.  » mehr lesen

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