The Atlanta Fed thinks the economy grew 4.5% in the second quarter — but they could be missing a key point

The Atlanta Federal Reserve forecasts GDP will grow 4.5% in the second quarter. But frankly, even hitting the New York Fed's 2.7% growth rate would be good. The Atlanta Fed's model might not have fully captured the impact of inflation.

Business Insider Select July 24, 2018   |   View Online »

The Atlanta Fed thinks the economy grew 4.5% in the second quarter — but they could be missing a key point The Atlanta Federal Reserve forecasts GDP will grow 4.5% in the second quarter. But frankly, even hitting the New York Fed's 2.7% growth rate would be good. The Atlanta Fed's model might not have fully captured the impact of inflation. Read More »

These photo-editing apps are blowing up on Instagram for one simple reason: nostalgia Retro photo apps like Huji Cam and 1888 mimic the look of images taken on a disposable camera. They've become popular on Instagram among celebrities and influencers — in fact, Huji Cam has been downloaded 22 million times since October. Read More »

YouTube is dangling 6-figure checks in front of its biggest stars as new competition emerges from Instagram BI PRIME: As Instagram looks to build out a new web video hub in IGTV, YouTube is making an aggressive play to keep some of its biggest stars happy by offering to pay them large checks. Read More »

13 things you may not know about former First Lady Jacqueline Kennedy Onassis Born Jacqueline Lee Bouvier on July 28, 1929, Jacqueline Kennedy Onassis is remembered as one of the most iconic, influential, and admired First Ladies in American history. Known for her poise, style, and intelligence, Onassis wore many hats throughout her storied life. Read More »

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A Georgia state politician screamed the 'N-word' and exposed himself on Sacha Baron Cohen's show in an attempt to 'fight off terrorists' Georgia state representative Jason Spencer screamed racial slurs and bared his butt in an attempt to "fight off terrorists" on the Sacha Baron Cohen show "Who is America?" Spencer was told it would be part of an anti-terrorist training program. Read More »

Deliveroo, valued at £1.5 billion, is under big pressure to guarantee its riders at least £7.83 an hour Fast-growing food delivery startup Deliveroo should guarantee its riders the national living wage of £7.83, according to a damning report from Labour politician Frank Field. Read More »

Sundar Pichai strayed from Google's typical rhetoric as he touted the growth of Google Cloud Google is constantly promoting the growth of the company's cloud service but on the eve of the company's "Next" cloud conference, CEO Sundar Pichai conceded that all the top players are faring well. Read More »

China's EV industry will produce more losers than winners China now has a whopping 487 electric vehicle (EV) manufacturers, most of which sprung up in the last few months, according to a new study released last week. The surge in the country's EV companies is primarily due to subsidies available through the Chinese government's "Made in China 2025" plan. Read More »

How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry "Big Tech in Healthcare" is a new research report from Business Insider Intelligence exploring the key strengths and offerings the Big Four will bring to the healthcare industry, as well as their approaches into the market. Read More »

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