U.S. stocks rose sharply Thursday even as new data showed financial action contracted for the next-straight quarter in Q2. The benchmark S&P 500 index climbed 1.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, bringing overall gains for the index in the two times quickly subsequent the Federal Reserve’s fee boost to roughly 3.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} — its very best […]

This story was originally published on TKer.com. When we were younger, there was a point when someone told us that a recession was defined as two consecutive quarters of negative GDP growth, as measured by the Bureau of Economic Analysis (BEA). Later, some of us learned that a recession is […]