The Department of Commerce revised second-quarter GDP growth by 0.1%, from 3.0% to 3.1%. The next-highest GDP growth rate hasn't occurred since Q3 2016 when the US posted a growth rate of 2.8%.
GDP growth has been a major topic of discussion in both business and politics. Many believe that there's no reason that the US can't continue to post 3% or higher growth rates in the next few years. Others, however, believe that the days of significant GDP growth are over.
Read more below:
A concerning report from WalletHub says that US consumers will add more than $60 billion in credit card debt by the end of this year:
Are you concerned about the rise in credit card debt? How do you think this will affect our economy going forward?
An in-depth look at blockchain technology and what it means for the Internet in the future:
Great video discussing the enormous financial aspect of the Mayweather/McGregor fight as well as boxing in general.
This link also outlines the incredible payout for both fighters.
Note: this page contains paid content.
Please, subscribe to get an access.