News Wrap: Commerce Department says economic growth slowed in 2nd quarter

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News Wrap: Commerce Department says economic growth slowed in 2nd quarter
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Published – July 26, 2019 11:15 pm

In our news wrap Friday, the U.S. economy is showing signs of losing some steam, with growth rate down sharply in the second quarter from its level in the first.

White House economic adviser Larry Kudlow blamed Fed interest rate hikes. Meanwhile, in Hong Kong, pro-democracy protesters flooded the airport, trying to focus international attention on their cause. They plan another march Saturday.

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