The US economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest a period of sustainable growth lies ahead.
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Japan's economy continued to struggle in July to shake off the disruptive effects of a sales-tax increase implemented three months earlier, a cluster of government data released on Friday suggested.
PARIS Aug 29 (Reuters) - European shares rose in early trade on Friday, recovering some of the ground lost in the previous session, as investors awaited inflation figures for the euro zone which may shed light on the European Central Bank's next move.
The US economy recovered more stronglyin the second quarter with the country's gross domestic product (GDP) expanding at a 4.2 percent annual rate, rejecting all the previous estimations of slower pace, the Commerce Department said on Thursday.