Stocks Plunge, Economic Growth Slows
This is a U.S. news story, published by PBS, that relates primarily to Nasdaq news.
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Business & Economics
What is a recession? Here's why anxiety is rising about falling into one
69% Informative
The tech-heavy Nasdaq stock index slipped into a correction last week , defined as a 10 percent drop from its most recent peak.
Some economists are marking down their estimates for growth this year , with some even seeing rising odds of a recession.
For now, the economy appears to be stable and sharp, temporary drops typically don’t harm the economy.
The average U.S. tariff on imported items could rise 10 percentage points as a result, five times the increase he imposed in his first term.
Most economists say that Trump ’s 2018-2019 duties did cause a downturn in the manufacturing sector.
The Federal Reserve ended up cutting its benchmark interest rate three times in 2019 to shore up the economy.
VR Score
79
Informative language
83
Neutral language
27
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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