By Lynn Xu and Jon Sun The price of gold soared to a new high after China imposed retaliatory tariffs on exports from the United States. The yellow metal is in high demand as central banks and investors increase their gold reserves in anticipation of a worsening U.S.–China trade war. The global investment demand for […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.