Consumer spending powers economy amid slowing growth
The U S economy cooled in spring with 2 percent GDP growth in the April-June quarter led by household spending at a 4.7 percent annual pace, the best since late 2014. Analysts see slower growth ahead as tariffs and trade tensions weigh on consumers and business investment.
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U.S
Donald Trump
Commerce Department
Trump
China
Gus Faucher
PNC Financial
Faucher
Mark Zandi
Moody’s Analytics
Zandi
Stocks rise on hopes of U S China trade talks
Wall Street advanced with the Dow up over 300 points and the S&P 500 on track for a first weekly gain in five weeks as investors priced in renewed U S China trade talks in September. Traders cited optimism but cautioned that gains reflect optimism rather than solid reality.
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Wall Street
U.S
China
High-voltage women rise in Duke Energy linework
Duke Energy faces a male-dominated field as Jordan Demartino, one of five women among about 2,500 linemen, proves training and endurance can lead to a six-figure salary. Across the industry, women remain underrepresented, with few in Dominion Energy PG&E Xcel programs, while Shelby NC's Cleveland Community College trains Natalee Nieves amid tough, hot weeks of work.
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EPA moves to roll back methane leak rules under Trump
The EPA proposed revoking Obama era methane controls for oil facilities. Wheeler said the rule aims to reduce regulatory burdens while industry groups warn of climate risks. Environmentalists and ExxonMobil oppose the rollback as others back easing.
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Trump
Donald Trump
Environmental Protection Agency
Andrew Wheeler
ExxonMobil
Trols
Obama
U.S
EPA
Interior Department
Robert Howarth
Cornell University
Howarth
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