Saudi Arabia’s PIF Plans to End LIV Golf Funding After 2026
Saudi Arabia’s Public Investment Fund plans to stop funding LIV Golf after this season, forcing the league to seek private capital.
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Economy
Macro indicators, policy shifts, and economic forces shaping growth and inflation.
U.S. GDP Grows 2% in First Quarter on AI Spending
Business investment rose on heavy AI spending, while consumer spending grew more slowly.
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U.S. economy held 2% growth in Q1 despite higher oil prices
The U.S. economy grew at a 2% annual rate in the first quarter despite the Iran war driving energy prices higher.
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U.S. economy grew 2% in first quarter as Brent oil hit about $120
Government outlays rebounded and business investment held up, helping keep GDP afloat despite the oil shock.
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Economy Watch
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U.S. GDP Grows 2% in First Quarter as Oil Prices Surge
The Commerce Department said GDP rose at a 2% annual rate in the first quarter despite higher energy prices from the Iran war.
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Economy Watch
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
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U.S. GDP Grows 2% as Brent Crude Hits $120 a Barrel
Consumer spending rose 1.6%, business investment stayed solid and government outlays jumped 4.4%.
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Economy Watch
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
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U.S. Economy Grows at 2% Rate in Q1 as Oil Prices Surge
Brent crude jumped to $120 a barrel, raising the risk that oil costs feed into inflation and limit Fed cuts.
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Economy Watch
Donec tempor, nibh sed dapibus hendrerit, ante nisl eleifend velit, non rutrum erat magna non turpis. In hac habitasse platea dictumst. Phasellus bibendum tortor sit amet augue maximus, at iaculis nisl tristique.
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Brent Crude Hits $120 as Oil Shock Becomes the Growth Constraint
The U.S. economy grew at a 2% annual rate in the first quarter, with consumer spending, business investment and government outlays still firm.
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