First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears ...

By Lucia Mutikani WASHINGTON, April 30 (Reuters) - U.S. economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown, but the ...

WASHINGTON, United States — US economic growth rebounded less than expected in the first quarter as consumer spending cooled, while inflation surged in March with fallout from the Middle East war ...

First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with consumer spending led growth.

U.S. economic growth regained speed in the first quarter as businesses boosted investment in artificial intelligence and government spending rebounded after a crippling shutdown, but the pickup is ...

U.S. economic growth rebounded in the first quarter of 2026, boosted in part by a recovery following the previous quarter’s government shutdown. Gross domestic product increased at a 2% annualized ...

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Consumer spending and credit card balances remain healthy, but the U.S.-Iran war has led to a ...

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US economic growth rebounded less than expected in the first quarter as consumer spending cooled, while inflation surged in March with fallout from the Middle East war beginning to bite, government ...