The AI Boom Is Cushioning the US Economy From Iran War Impact
The AI growth engine was on full display in the first quarter, powering the US economy through fresh headwinds from a war-driven surge in inflation.
The conflict in the Middle East has sent oil prices soaring, disrupted global supply chains and injected uncertainty into the outlook. Even so, weary consumers — who have historically served as the primary engine of economic growth — have continued to spend.