US Edition
Wall Street JournalFriday, 1 May 2026
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Oil Giants That Shunned Venezuela Take a New Look
Rising above the din of voices in the lobby of the J.W. Marriott in Caracas is an unusual sound: Spanish spoken with a Texas twang.
Presents a balanced macroeconomic picture, highlighting corporate AI investment as the primary driver of GDP growth while carefully noting a corresponding cooling in consumer behaviour.
First-quarter economic data has been released showing unexpected resilience in the US economy, driven largely by massive corporate spending on artificial intelligence infrastructure, even as everyday consumer spending slows.
“tap the brakes”
“Pro-business realism”
AI Investments Drive Rebound In U.S. Growth
GDP expands by 2%, though consumers tap the brakes on spending for goods
National Debt Now Tops 100% of GDP
Reports plainly on a significant fiscal milestone, noting the combination of debt issuance, interest, and deficit spending driving the metric.
Warsh Faces a Fed Board Averse To Cuts and Powell Still Present
Analyses the internal dynamics of the Federal Reserve, focusing on the friction between a new appointee and the established policy stance of the sitting members.
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