The true definition of a recession is technically two back-to back quarters of gross domestic product contraction. In our last episode, we settled on 鈥渞ecession-ish鈥 because, while there was a contraction of the economy, other inputs, like jobs numbers, are still strong. Jean Chatzky and Soledad O鈥橞rien are joined by William Lee, chief economist with the Milken Institute, to discuss what鈥檚 really going on and how a white-collar recession could differ from a blue-collar recession. And it鈥檚 that time of year when parents are sending their kids off to college, maybe for the first time. Erin Smith, director of estate planning at 蜜穴视频, walks Jean and Soledad through what you shouldn鈥檛 forget to send with your kids to college.
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