The U.S. economy beat expectations — What’s driving the growth?
By CGTN America
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The U.S. economy grew 2.2% in the second quarter, beating expectations, as consumer spending and business investment both came in strong. CGTN's Karina Mitchell spoke with Michael Collins, CEO of WinCap Financial and Adjunct Professor at Endicott College, about what is driving the growth and what it signals for the months ahead. #bizshow 0:00 Why the U.S. economy feels worse than GDP suggests 0:47 The Fed’s bigger rate hike problem may come later 1:29 Why AI is making it harder for college grads to get hired 2:32 Did the Trump-Xi meeting actually accomplish anything? 3:58 Why the U.S. and China still can’t fully separate 4:26 Can AI really be regulated without slowing innovation? 5:40 Could high energy prices become a problem for Trump? #USeconomy #GDP #inflation #consumerspending Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook:
Tags: CGTN, bizshow, gdp economy uS economy jobs
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