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Washington (United States) (AFP) - The US economy grew at a speedy annual rate of 3.6 percent in the third quarter on inventory investment, the best growth in almost two years, the government reported Thursday. The Commerce Department revised sharply upward its first estimate of gross domestic product growth of 2.8 percent for the July-September quarter. Inventory investment led the increase, adding 1.7 percentage points to the headline GDP number. There's no momentum here," said Ian Shepherdson of Pantheon Economics.
NEW YORK (AP) — William Bratton, whose tenure as New York City police commissioner in the 1990s was marked by a steep decline in crime and clashes with then-Mayor Rudolph Giuliani, has been chosen to lead the nation's largest police force again.