Q1 GDP Second Estimate: Real GDP at 1.6%, Lower Than Expected

Published on May 28, 2026

U.S. economic growth rebounded at the beginning of 2026, according to the BEA’s latest estimate. Real GDP rose at 1.6% annual rate in Q1, falling short of the 2.0% forecast but marking an acceleration from the 0.5% final estimate seen in Q4 of last year.

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Core PCE Inflation at 3.3% in April, Highest Level Since 2023

May 28, 2026
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.3% year-over-year in April. This marks the highest level since November 2023 and marks a steady pickup from March's 3.2% reading. On a monthly basis, core prices rose 0.2%.

The Ellison Family’s $49 Billion Ask Is an Acid Test for Markets

May 28, 2026
Bankers are preparing to sell a jumbo debt package to support the $110 billion acquisition of Warner Bros. Discovery Inc. It’s a risky deal and comes at a moment when the bond markets have been wobbling.