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US First-quarter GDP Growth Revised Lower to 1.6% Pace

WASHINGTON, May 28 U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and squeezing households finances. Gross domestic product increased at a 1.6% annualized r

  • mohammad501ps@gmail.com
  • May 28, 2026
  • macro

US First-quarter GDP Growth Revised Lower to 1.6% Pace

WASHINGTON, May 28 U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and squeezing households finances. Gross domestic product increased at a 1.6% annualized r

  • mohammad501ps@gmail.com
  • May 28, 2026
  • Uncategorized

Beeline Signs LOI to Acquire Remaining Stake in Magicblocks

Beeline Holdings (BLNE) on Thursday said it signed a non-binding letter of intent to acquire the remaining stake in AI-driven real estate technology company MagicBlocks in an all-stock transaction. - Beeline, which already owns about 47.6% of MagicBlocks, said the deal would...</

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Beeline Signs LOI to Acquire Remaining Stake in Magicblocks

Beeline Holdings (BLNE) on Thursday said it signed a non-binding letter of intent to acquire the remaining stake in AI-driven real estate technology company MagicBlocks in an all-stock transaction. - Beeline, which already owns about 47.6% of MagicBlocks, said the deal would...</

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Beeline Signs LOI to Acquire Remaining Stake in Magicblocks

Beeline Holdings (BLNE) on Thursday said it signed a non-binding letter of intent to acquire the remaining stake in AI-driven real estate technology company MagicBlocks in an all-stock transaction. - Beeline, which already owns about 47.6% of MagicBlocks, said the deal would...</

  • mohammad501ps@gmail.com
  • May 28, 2026
  • macro

U.S. GDP Q1 2026 Revised Down to 1.6% as Profits Slow

The U.S. economy grew at an annual rate of 1.6 percent in the first quarter of 2026, the Bureau of Economic Analysis said Thursday, revising its earlier estimate down 0.4 percentage points. The downward revision from the 2.0 percent advance estimate reflected weaker invest

  • mohammad501ps@gmail.com
  • May 28, 2026
  • macro

U.S. GDP Q1 2026 Revised Down to 1.6% as Profits Slow

The U.S. economy grew at an annual rate of 1.6 percent in the first quarter of 2026, the Bureau of Economic Analysis said Thursday, revising its earlier estimate down 0.4 percentage points. The downward revision from the 2.0 percent advance estimate reflected weaker invest

  • mohammad501ps@gmail.com
  • May 28, 2026
  • Uncategorized

Big Bank Ceos Still See a Resilient US Economy — with Some Caveats

The heads of three of the country’s biggest banks see a US economy still powered by businesses and a remarkably strong American consumer. But they also gave some cautionary notes The CEOs of JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) said the

  • mohammad501ps@gmail.com
  • May 28, 2026
  • stocks

Big Bank Ceos Still See a Resilient US Economy — with Some Caveats

The heads of three of the country’s biggest banks see a US economy still powered by businesses and a remarkably strong American consumer. But they also gave some cautionary notes The CEOs of JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) said the

  • mohammad501ps@gmail.com
  • May 28, 2026
  • Uncategorized

Micron Technology Just Proved the AI Memory Boom is Not Cyclical. Here’s Why.

Micron Technology's (NASDAQ: MU) meteoric rise over the last year marks more than just a generic bullish upgrade in the semiconductor industry. Micron's ascent is a symbolic rebuke to a long-held belief that memory chip demand is trapped in boom-and-bust cycles Let'

  • mohammad501ps@gmail.com
  • May 28, 2026
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