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2024

Going gets tough for Airbnb, is everything fine with the vacation rental giant?

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Airbnb is symbolic of the present US economy that has gone sluggish and it may slip into a recession if drastic actions are not taken in time. The Federal Reserve is aware of the crisis and it has indicated a rate cut soon. It has hinted at a cut in the bank interest rates before September and has expressed concern about the sudden unemployment jump.