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Activity expanded at a rate of 3. 2 . Although the number wasnt as strong as many expected or as had hoped, Consumer Spending which makes up the majority of the Economic Activity was strong. But even though the report was slightly below expectations Steve Liesman tells us why it may be enough to seal the deal for a possible rate hike in september. Reporter the government saying today there was more growth than it first reported in the First Quarter and less growth than the market expected in the second leading to a bit stronger growth in the first half overall. First quarter gdp revised up to ...

First, the roof of one building is opened to the stars. Then, the walls retract, and an object straight out of star wars appears, shooting a laser into the sky. If you thought space was a peaceful haven, think again. Its a competition that i wish wasnt occurring, but it is. And if were threatened in space, we have the right of selfdefense, and well make sure we can execute that right. Martin and use force if necessary. Thats why we have a military. You know, im not nasa. Kroft im steve kroft. Stahl im lesley stahl. Safer im morley safer. Whitaker im bill whitaker. Pelley im scott pelley. Those...

Which only becomes apparent at night. First, the roof of one building is opened to the stars. Then, the walls retract, and an object straight out of star wars appears, shooting a laser into the sky. If you thought space was a peaceful haven, think again. Its a competition that i wish wasnt occurring, but it is. And if were threatened in space, we have the right of selfdefense, and well make sure we can execute that right. Martin and use force if necessary. Thats why we have a military. You know, im not nasa. Kroft im steve kroft. Stahl im lesley stahl. Safer im morley safer. Whitaker im bill w...

Night. First, the roof of one building is opened to the stars. Then, the walls retract, and an object straight out of star wars appears, shooting a laser into the sky. If you thought space was a peaceful haven, think again. Its a competition that i wish wasnt occurring, but it is. And if were threatened in space, we have the right of selfdefense, and well make sure we can execute that right. Martin and use force if necessary. Thats why we have a military. You know, im not nasa. Kroft im steve kroft. Stahl im lesley stahl. Safer im morley safer. Whitaker im bill whitaker. Pelley im scott pelley...

Release of the Federal Reserve minutes. The dow is on track for its lowest close. Lets get more on the trading action. Bob is here on the floor as always. Ne energy stock s dragging us down we were weak right at the outset. You see around 10 30 we just dropped. Thats when the inventories came out. Barrels, import surge. Thats very bearish for prices. The bottom line is right. Exxon and chevron weighing on it. You have a lot of countries worried. You can buy russian as well. We saw dow stocks moving down but there was some Collateral Damage here. I pointed out the sxe which is the Semiconductor...