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 02:32:53 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...
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