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The week saw significant developments in the U.S. economy, with the GDP growth rate for the first quarter of 2026 soaring, gas prices, and a dip in President Trump’s approval rating. Here’s a quick recap of the weekend’s top stories.
US GDP Grows 2%, Core PCE Inflation Jumps 3.2% In March
The U.S. economy experienced a 2% annualized growth rate in the first quarter of 2026, as per the advance estimate released on Thursday. This figure was higher than the previous 0.5% pace but fell short of economists’ 2.3% expansion expectations. The Core PCE inflation rate for March also rose to 3.2%.
Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc. (NASDAQ:META) were among the companies affected by this news.
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