When President Barack Obama took office he promised to sort out the fallout from the global recession. Most data suggests he bequeathes his successor a robust economy. But there is one serious blemish - inequality.
The American economy expanded by 4.1 percent in the second quarter, as consumers continued their spending spree and exporters rushed to beat retaliatory tariffs. President Donald Trump hailed the "great GDP numbers."
The US economy is in excellent health. Unemployment is very low while consumer and business confidence is at record highs. Is Donald Trump a miracle worker, or is a darker vista waiting over the horizon?
In the second quarter of 2018, the roaring US economy grew at an even faster pace than first reported, with new numbers showing the best performance in nearly four years, boosted by exports and strong corporate spending.
While the US economy is strong, a creeping decline in foreign investment indicates that eurozone investors are growing weary of US debt. Should the US care? Lindsey Rae Gjording reports from New York.
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