Growth cooled from 2.1% as imports weighed on the economy, while inflation stayed at 3.7% and three regional Fed presidents pushed for hikes.

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending…

Second-quarter U.S. economic growth dramatically missed estimates. Inflation-adjusted gross domestic product grew at an annual rate of 1.5% over the three months that ended in…

The US economy expanded at a slower 1.5% pace in the second quarter. Strong consumer spending and AI infrastructure investment supported overall economic activity. Imports surged,…