Consumers drive US growth amid trade and spending headwinds
Washington reports consumer spending accelerated in the April-June quarter at the fastest pace in nearly five years, offsetting weak business investment amid Trump’s import taxes. GDP grew 2% annualized, down from 3.1% prior, with forecasts for slower growth through 2019 and 2020 due to global slowdown and trade tensions.
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Now for the Next Fund backs Holland economic push
A new Now for the Next Fund committee in Holland, formed by 40 donors, aims to replace the depleted HEDCOR Fund with nearly 1.7 million dollars to support talent development, community revitalization, education, and advanced infrastructure through Lakeshore Advantage.
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Watchdog finds Comey violated FBI policies in memo handling
The inspector general says former FBI director James Comey broke bureau rules by giving a memo with unclassified content to a friend for a reporter, keeping copies at home after dismissal, and sharing with personal lawyers without authorization. It notes no classified information was shared and the DOJ declined to prosecute.
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