How GDP Tells Us if We’re in a Recession | WSJ

The U.S. economy contracted 4.8% in the first quarter of 2020. With the coronavirus crisis continuing into the summer, economists are expecting an even steeper contraction in the second quarter. WSJ’s Carter McCall explains how GDP is calculated and how the coronavirus is impacting the equation. Photo Illustration: Jacob Reynolds/WSJ

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With SpaceX Poised for Takeoff, Small Rocket Startups Fall Behind | WSJ

SpaceX and NASA are scheduled to launch the first orbital human spaceflight from U.S. soil since the Space Shuttle Program ended in 2011. But as SpaceX dominates the headlines, a large number of small launch startups are poised to fail. Photo: NASA/Tony Gray, Tim Terry & Kevin O’Connell

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How Airbnb Fell From Successful Startup to Crisis Mode | WSJ

Airbnb was supposed to be the hottest public offering of 2020. Instead, the home-sharing giant just cut 25% of its workforce and expects revenue to be less than half of what it was in 2019. WSJ’s Preetika Rana explains what made the company so vulnerable. PHOTO: Stephanie Swart for the Wall Street Journal

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