Commerce Department – Page 6

U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown

Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.

By Ben Casselman

Commerce Department Consumer Behavior Federal Reserve System Gross Domestic Product Interest Rates Prices (Fares, Fees and Rates) United States United States Economy

U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown

Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.

By Ben Casselman

Artificial Intelligence China Commerce Department Computers and the Internet Dark Matter LLC Group 42 (G42) Huawei Technologies Co Ltd internal-storyline-no Microsoft Corp Raimondo, Gina M United Arab Emirates United States International Relations

Inside Washington’s Role in Microsoft’s Big AI Deal With G42

The White House laid the ground work for Microsoft’s $1.5 billion investment in an Emirati artificial intelligence start-up, a deal meant to box out Beijing.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Commerce Department Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

A Key Inflation Gauge Hovers Above Fed’s Target

The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.

By Jeanna Smialek

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