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Wed 13 Aug 2014 01:13 PM

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US economy rebounds strongly in Q2

In addition to the increased revenues of many US companies in Q2 of 2014, the US banks also announced Q2 profits of more than $40bn, showing strong signs of a recovering economy

US economy rebounds strongly in Q2
Citi Bank signage is seen outside the bank's corporate headquarters on August 12, 2014 in New York City. U.S. banks announced second quarter profits of more than $40 billion, showing strong signs of a recovering economy. (Getty Images)
US economy rebounds strongly in Q2
A woman walks past JP Morgan Chase's corporate headquarters on August 12, 2014 in New York City. U.S. banks announced second quarter profits of more than $40 billion, showing strong signs of a recovering economy. (Getty Images)
US economy rebounds strongly in Q2
Customers leave a Burger King restaurant on August 1, 2014 in San Francisco, California. Fast-food chain Burger King reported a 19 percent surge in second quarter net income with earnings of $75.1 million, or 21 cents per share, compared to $62.9 million, or 18 cents per share one year ago. (Getty Images)
US economy rebounds strongly in Q2
Jeep SUVs sit on display at a car dealership on August 6, 2014 in New York City. Chrysler Group LLC's profit gained 22% in the second quarter, bolstered by sales of Jeep SUVs and Dodge trucks, which are owned by Chrysler group. (Getty Images)
US economy rebounds strongly in Q2
A Sprint store is seen on July 30, 2014 in Fort Lauderdale, Florida. Today, Sprint Corp reported higher-than-expected first-quarter revenue. (Getty Images)
US economy rebounds strongly in Q2
A man stands outside JP Morgan Chase's corporate headquarters on August 12, 2014 in New York City. U.S. banks announced second quarter profits of more than $40 billion, showing strong signs of a recovering economy. (Getty Images)
US economy rebounds strongly in Q2
Citi Bank signage is seen outside the bank's corporate headquarters on August 12, 2014 in New York City. U.S. banks announced second quarter profits of more than $40 billion, showing strong signs of a recovering economy. (Getty Images)