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U.S. economy grew more than expected in second quarter

The U.S. economy grew more than previously estimated in the second quarter, according to a report released on Wednesday by the Federal Reserve. Growth domestic product grew by 1.7% from April to June, more than the government’s previous estimate of

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Fed chief Ben Bernanke says recovery not complete

US Federal Reserve Chairman Ben Bernanke has said the US economy is yet to fully recover from the impact of the global financial crisis. Mr Bernanke said that more regulatory action was needed to ensure the stability of the financial

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