US economic growth bounces back, as AI buildout and consumer spending fuel first quarter

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.

The economy is growing – but soaring energy prices could put a damper on that

The U.S. economy grew at an annual pace of 2% in the first three months of the year. That's an improvement from the previous quarter. But soaring energy prices could put a damper on growth.

K-shaped economy is 'alive and well,' expert says — what new research shows

A new report by TransUnion found that as credit conditions improve for wealthier consumers, others are struggling in the face of higher costs and rising debt burdens. Since 2023, the economy has become increasingly bifurcated,

U.S. Economy Grew 2% in Early 2026 Even as War in Iran Began to Hit Energy Prices

Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
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GDP report is a much-needed vote of confidence for the economy

Hot, hot, hot: That might be the most succinct way to describe the U.S. economy in the third quarter. Why it matters: Economic activity expanded at a blistering 4.3% annualized pace in the July-through-September quarter, even better than the already-strong ...
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Economy Surges Beyond Predictions in Third Quarter

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic currents would have on individuals' finances and the market.