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MoneyWatch: U.S. GDP drops for second consecutive quarter

MoneyWatch: U.S. GDP drops for second consecutive quarter – CBS News


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The latest federal data shows U.S. gross domestic product fell 0.6% in the second quarter, fueling fears of a recession. Lori Bettinger, the president of Bancalliance and the former director of the Troubled Asset Relief Program at the U.S. Treasury Department, joined CBS News to break down what this means for the economy.

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