by 596 'by3% in by 596 in the ' by 596 in the second grew by 3% in the second quarter which was higher than initially thought, meanwhile, few americans filed for unemployment benefits last week and the dowjones industrial average to close at a record high. the bbc has more from new york. the dow hit a fresh record—high on thursday following robust economic data. americans filing forjobless claims last week came in lower than expected at 231,000, and us gdp for the second quarter was revised upwards to 3% from the previous 2.8% rating. now, a big part of that was down to consumer spending, as it drives two thirds of the us economy. the stronger advances and key categories included spending on health care, housing and utilities and recreation. that offset and downgrades and other categories, like exports and private inventory investment. spending is being supported spending is being supported

in part by wage gains, in part by wage gains, but momentum is slowing but momentum is slowing as the labour market shifts as the labour market shifts into lower gear. into lower gear. personal income rose only moderately. yet, overall, the data yet, overall, the data is a good sign for the economy is a good sign for the economy and it comes at a time and it comes at a time when there has been growing when there has been growing concern over the health concern over the health of the consumer and the labor of the consumer and the labor market, especially after the latest monthlyjobs data, which was a big disappointment. forecasters seeing a further forecasters seeing a further moderation in the economy moderation in the economy for the remainder of the year for the remainder of the year as high borrowing costs as high borrowing costs continue to filter through the economy, continue to filter through the economy, but most economists aren't yet but most economists aren't yet predicting a recession. predicting a recession. at the same time, the federal at the same time, the federal reserve is set to begin reserve is set to begin lowering interest rates next lowering interest rates next month as inflation slows. month as inflation slows. that may provide some relief, that may provide some relief, especially two sectors heavily especially two sectors heavily impacted by borrowing costs impacted by borrowing costs like housing and manufacturing. like housing and manufacturing. economists are looking ahead to economists are looking ahead to friday's release of pce data friday's release of pce data forjuly, that's if they forjuly, that's if they preferred engaging in energy preferred engaging in energy prices. chief us economist at prices. chief us economist at

s&p global ratings explained s&p global ratings explained what lies ahead for the us what lies ahead for the us economy. we had some pretty decent second—quarter number out. it looks like the economy is steady as she goes right now, at least the underlying domestic demand. as for the fed, they are pretty happy with this number, especially given the inflation has been coming in near their own to present targets, so given all of the data that has come out, it seems like they might be ready to start the cycle in september. we think they will probably look at employment sides

we think they will probably look at emplo in ent sides we think they will probably look at emplo in brazilies we think they will probably look at emplo in brazil in; we think they will probably look at emplo in brazil in the be suspended in brazil in the coming hours, this comes after the company failed to appoint a new liquid positive by a deadline set by the brazil supreme court. x said it removed it from the net from the country after a judge threatened her with the rest. artificial intelligence start—up 0penai and and tropic have agreed to give the us government access to their ai models. in a statement, the us ai safety institute said there would be allowed to test and evaluate ai models before they are released to the public. the agreement which is the first of its kind comes as companies face scrutiny over the ethical use of ai technology. turning to india which will release gp numbers for the first quarter of its financial year on friday, the bbc has a preview of what to expect and what it means for asia's third—largest economy. analysis for this period of april tojune which also

happens to be the first quarter of the indian financial year seems to suggest that the overall indian growth story could be because impacted of a dip in the manufacturing sector. several other assessments also suggest that while there could be a dip in the manufacturing sector, the bright spot remains the indian agricultural sector, something that has also been picked up in a recent report by india's largest public sector bank, the state bank of india. that is a bright spot. more concerns of a delayed monsoon, but now that the rains have picked up, that has had a positive impact on the agriculture. the report also says that the economy is not completely ignorant of the uncertainties currently around the world but does say that the indian economy has remained resilient to the disruption in global supply chains and that is something that is likely to remain as well. agencies like the international monetary fund have also revised upwards india's growth story as well, so that is something that the indian economy would be taking comfort in as well.

but they've also cautioned that all of this, this stable and robust growth is also dependent on india's private consumption, picking up something that has slowed down and also whether the indian economy can make the most of its vast and substantial labour pool as well and make the most of its demographic dividend. lululemon has lowered its revenue forecast for the year as consumer spending ways on retailers. the athlete should brand has initially expected growth at 11 — 12% and lowered estimate 27 — growth at 11 — i2% and lowered estimate 27 — 8%, it's partly due to a botched product launch when you say asia come as you know it's a real partly estimate 27 — 8%, it's partly due to a botched product launch for its lake innes injuly, for its lake innes injuly, lululemon had to pull the plug lululemon had to pull the plug is within weeks with widespread is within weeks with widespread complaints. take a listen to complaints. take a listen to this iconic tune. it this iconic tune. it complaints. take a listen to complaints. take a listen to this iconic tune.— this iconic tune.— this iconic tune. # because maybe- -- — this iconic tune. # because maybe- -- # _ this iconic tune. # because maybe- -- — this iconic tune. # because maybe- -- # _ this iconic tune. # because maybe... # you're - this iconic tune. # because maybe... # you're going i this iconic tune. # because| maybe... # you're going to this iconic tune. # because maybe... # you're - this iconic tune. # because maybe... # you're going i this iconic tune. # because| maybe... # you're going to this iconic tune. # because . maybe... # you're going to be the one that saves me. whether this iconic tune. # because . maybe... # you're going to be the one that saves me. whether it's new to _ it's new to _ the one that saves me. whether it's new to you _ the one that saves me. whether it's new to you or— the one that saves me. whether it's new to you _ the one that saves me. whether it's new to you or—

the one that saves me. whether it's new to you or one _ the one that saves me. whether it's new to you or one year - it's new to you or one year member, you can get ready to the one that saves me. whether it's new to you or one _ the one that saves me. whether it's new to you or one year - it's new to you or one year member, you can get ready to belt out live soon, the oasis belt out live soon, the oasis brothers noel and liam gallagher array knighting of brothers noel and liam gallagher array knighting of the 15 year hiatus for a siwes the 15 year hiatus for siwes of concerts next summer. they the 15 year hiatus for a siwes of concerts next summer. they only an hour stays within only an hour stays within europe, kicking off in cardiff europe, kicking off in cardiff and ending in dublin. 0n and ending and ending in dublin. on thursday, the added three more uk dates in london, manchester europe, kicking off in cardiff anl dates |g europe, kicking off in cardiff anl dates in london, manchester and edinburgh. there has also uk dates in london, manchester and edinburgh. there has also as you know it's a really big been chatter about adding uk dates in london, manchester and ichatterh. there has also uk dates in london, manchester and ichatter about re has also uk dates in london, manchester and i chatter about adding ilso been chatter about adding international geeks later in international geeks later in 2025. rob schwartz explains what the reunion means for the for the band and the uk economy. what the reunion means for the band and the uk economy. the rumour used to be the rumour used to be that they hated each other. that they hated each other. of course, a well—known of course, a well—known fistfight in 2009 when fistfight in 2009 when they broke up. they broke up. but one assumes they were able but one assumes they were able to patch it up or it is about to patch it up or it is about the money, who knows. the money, who knows. i mean i wouldn't want to say i mean i wouldn't want to say it's about the money. it's about the money. i respect them as artists, i respect them as artists, so let's say they were able so let's say they were able to patch up their relationship. to patch up their relationship. they are brothers. i think that is great news. they are brothers. i think that is great news. getting paid is also a good getting paid is also a good thing. thing. how popular is or are how popular is or are

0asis here in asia? 0asis here in asia? when you say asia come when you say asia come as you know it's a really big territory. i think that's, you know, they have some popularity and little pockets here and there, i don't think they are very big in mainland china. they were actually banned from performing in mainland china in 2009, so the three territories where they are absolutely huge would be hong kong, south korea and japan, particularly japan. there have been lots and lots of tribute bands, real 0asis fans will know that they recorded a music video in 2006 of the b side acquiesce, and they shot it

video prices; of the b side video prices in if the b side video prices in the e b side video prices in the uk side video prices in the uk fore this concerts, £73 for the cheapest seeds and 506 for the top premium package. maud's — miclotte motto come, we are looking out for the us democratic party presidential nominee, kamala harris tim walz, the first to sit down and to view said to air in the, ——in the coming hours.

hey, i'm lola with the catch up. tonight, paralympics kick off, amazing animals pics and tomato mania. might this be the end of the smokers' area chats on a night out? the government is looking at tightening rules on smoking outside in england. it could include pub gardens, outside clubs and at restaurants. scotland, northern ireland and wales could do something similar too. about 13% of adults in the uk smoke, and tobacco use causes 80,000 deaths a year. health bosses say there's no safe amount of second—hand smoke either. some other stories now. day one of the paralympics in paris and the medals are already being won. poppy maskill won paralympics gb's first gold with a world record in the pool. fans will be able to catch

these moments for the first time in officialfan zones across the country. the future of vocational the future of vocational courses like btecs is a "mess". courses like btecs is a "mess". that's according to more that's according to more than a50 schools and colleges than a50 schools and colleges in england. in england. a review into post—i6 education a review into post—i6 education isn't due until december, isn't due until december, leaving them unsure leaving them unsure what they can offer in 2025. what they can offer in 2025. and wildlife photographer and wildlife photographer of the year is back. of the year is back. the contest, run by the contest, run by the natural history museum, the natural history museum, highlights the best nature highlights the best nature photography from all around the world. photography from all around the world. there were nearly 60,000 there were nearly 60,000 entries and these are some entries and these are some of my favourites. of my favourites. have a good night! the winners will be the winners will be announced on 8 october. announced on 8 october. time now for ten seconds time now for ten seconds of tomato mania. of tomato mania. spain's la tomatina festival spain's la tomatina festival saw thousands swimming saw thousands swimming in tomato sauce, throwing in tomato sauce, throwing tomatoes at one another tomatoes at one another and even making and even making "tomato angels." i'm booking my ticket for next "tomato angels." i'm booking my ticket for next year's festival asap. year's festival asap. you're all caught up now — you're all caught up now —

have a good night!

welcome along to sportsday. i'm adam wild. here's what's coming up: a new format for a new extended champions league season. the draw�*s been made, and all 36 teams now know who they'll be playing in europe's top competition. two comfortable wins, and in double quick time. both world number ones breeze through to the next round at flushing meadow.

and louis rees—zammitjoins the jacksonville jaguars' practice squad following his preseason training camp with the kansas city chiefs. welcome along. the draw for this season's champions league has been made at a glittering ceremony in monaco. the likes of gianluigi buffon and cristiano ronaldo were involved in picking out the balls. gone is the old group stage. playing a minimum of eight games against eight different teams in the initial phase. premier league champions manchester city will have to travel to paris saint—germain and juventus amongst others. there'll be a reunion of xabi alonso with his former club liverpool.