Company News, Financial News

Good News on the US Economy

Q2 GDP revised upward.

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By: TOM BRANNA

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After two weeks of dismal financial reports out of China and Europe, there's news that should bring a smile to business folks everywhere; turns out things aren't so bad after all—in the US, anyway. The US economy looks much more vigorous in the second quarter than previously thought, as a report released Thursday showed businesses got off the sidelines and spent some money. The acceleration in business investment, if it’s sustained, could add to the economy’s momentum in the mon...

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