GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Last updated: 2026-05-01 01:13:27 ET
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fearsUS gross domestic product (GDP) accelera...
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, the economic data and the headline were updated in the story.) U.S. stock futures shed earlier losses to advance on Thursday morning, following Wednesday's largely lower close ...
The GDP report—the first major economic scorecard for the quarter—showed growth of 2%, compared with analyst expectations of 2.2%.
Corporate profit margins and P/E multiples — not GDP forecasts — are the real tools to surviving a bear market.
High oil prices are likely to contribute to slowing GDP growth, boosting gold’s appeal.
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