Business
US economic growth slowed to 1.5% in second quarter
American economic growth decelerated to 1.5% in the second quarter, missing consensus expectations as rising energy costs and import demand weighed on the economy.
American economic growth decelerated to 1.5% in the second quarter, missing consensus expectations as rising energy costs and import demand weighed on the economy.
The Institute of International Finance warns that planned tax adjustments may significantly increase US national debt. Meanwhile, SpaceX is experiencing increased market volatility and a sharp contraction in its valuation.