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U.S. Economy Grew 2 Percent as Business Investment Surged Following Tax Cuts
The U.S. economy accelerated at the start of the year, lifted by a sharp increase in business investment in equipment and intellectual property. Gross domestic product, adjusted for inflation, expanded at a 2.0 percent annual rate in the first quarter, The post U.S. Economy Grew
First seen · 5:21 PM UTCMay 1, 2026
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International Workers' Day
Commemorates Chicago's 1886 Haymarket affair, where a labor rally turned deadly. A public holiday in over 80 countries — rarely the US, where it started.
Public holiday
Labour Day
Labour Day is observed in Andorra (Festa del Treball). Recognized nationally.
Public holiday
May Day
May Day is observed in Albania (Dita Ndërkombëtare e Punonjësve). Recognized nationally.
Public holiday
Labour Day
Labour Day is observed in Armenia (Աշխատանքի օր). Recognized nationally.
Also on this date in history
All →2024
The 2024 Loblaw boycott, a Canadian boycott against retail corporation and grocer Loblaw Companies, begins.
Milestone2019
Naxalite attack in Gadchiroli district of India: Sixteen army soldiers, including a driver, killed in an IED blast. Naxals targeted an anti-Naxal operations team.
Milestone2019
Naruhito ascends to the throne of Japan succeeding his father Akihito, beginning the Reiwa period.
Milestone