Director / Editor: Victor Teboul, Ph.D.

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US Economy Expected to Pick Up After Weak Growth in Spring

A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. Businesses pared their stockpiling and investment through the spring. But consumers - the heart of the U.S. economy - kept spending. Most economists foresee faster, if still modest, growth the rest of this year. The Commerce Department's report Friday showed that gross domestic product - the broadest gauge of the economy -...

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