News tagged with recession
Related topics: net income , intel , economy , jobs , economic downturn
In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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German chemical and pharmaceutical company Bayer AG said Thursday that its net profit rose 11.5 percent in the first quarter as new drugs, led by blood thinner Xarelto, boosted sales.
Medications Apr 25, 2013 | not rated yet | 0
In a nursery of a private maternity hospital in Athens, three mothers feed their newborns while another three babies nap nearby. The room has only a few cots, and yet a number lie empty.
Health Apr 21, 2013 | not rated yet | 0