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Fiscal Stimulus Bolsters US Economic Growth in Q1, Fastest GDP Growth Since 2003

Economy and Business
The second-fastest gross domestic product growth since the third quarter of 2003, reported by the Commerce Department on Thursday, left output just 0.9% shy of its level at the end of 2019.
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US Economy Grew Robustly in First Quarter

Money
GDP grew at a 6.4% annual rate in the quarter, leaving the economy within 1% of its peak.
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Asia-Pacific Markets Broadly Lower As Investors Turn Cautious

Markets
Asia-Pacific markets struggled for gains Friday as investors turned cautious, despite a positive finish stateside in the previous session.
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World Shares Near Record High on Strong US Economic Data and Earnings

Economy and Business
US economic growth accelerated in the first quarter, fuelled by massive government aid.
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How the US Won the Economic Recovery

Stocks
I looked for a country that got the economic response to Covid-19 right. I found the US.
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Barclays Boss Predicts Biggest Economic Boom Since 1948

Economy and Business
The UK is about to experience its biggest economic boom since the aftermath of World War Two, according to Barclays boss Jes Staley. His upbeat...
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Buying American Is Easier Said Than Done: Will Biden’s Plan Juice the US Economy?

Economy and Business
Joe Biden and Donald Trump don't agree on much, but this much they do: We should buy American products. But that's easier said than done.
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Silver Down As Dollar and Yields on Bonds Rose as US Economy Advanced

Economy and Business
Benchmark U.S. 10-year Treasury yields hovered near a more than two-week high, increasing the opportunity cost of holding non-yielding bullion.
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Yellen Doesn’t See Biden Plan Creating Inflation ‘Issue’

Economy and Business
President Joe Biden’s economic plan is unlikely to create inflation pressure in the U.S. because the boost to demand will be spread over a decade, said Treasury Secretary Janet Yellen.
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Inflationary Pressure, Hawkish Fed Official Remarks Keep US Stocks on Leash

Economy and Business
Dow added 2.4%, the S&P 500 gained 5.6%, and the Nasdaq jumped 7%. Dow was down 0.54% at 33,875 while the S&P was down by 0.72%. Nasdaq was down by 0.85%.
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