U.S. GDP Soars 7.4% After Second Quarter Plunge

Watch VideoU.S. GDP grew by 7.4% in the third quarter. That’s a big improvement from the second quarter, which saw a record 9% slump. 

“We broke records. This is the greatest GDP number since records have been kept, starting in 1947,” said Treasury spokeswoman Monica Crowley.

It’s a direct result of the first round...