US economy grows 2% as layoffs plunge to 55-year low, inflation lingers
Fresh data showed the economy expanded at a 2% annualized pace in the first quarter while core inflation rose 3.2% year-over-year in March.
Last updated: 2026-05-01 10:47:25 ET
Fresh data showed the economy expanded at a 2% annualized pace in the first quarter while core inflation rose 3.2% year-over-year in March.
Despite strong cloud growth and a surge in Copilot adoption, Microsoft’s latest results were overshadowed by an increase in AI spending.
Getchell Gold (CSE: GTCH; US-OTC: GGLDF), which is contending with alleged illegal staking on its Fondaway Canyon project in Nevada, has issued a new resource raising indicated tonnage by more... The post Getchell nears 1M oz indicated gold in Nevada...
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
Iran's Foreign Minister Abbas Araghchi says he is headed to Pakistan as hopes for more peace talks with the U.S. linger. CBS News' Olivia Rinaldi and ...
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