Massive fiscal stimulus fires up US economy; labour market recovering ...Qatar

US economic growth accelerated in the first quarter, fuelled by massive government aid to households and businesses, charting the course for what is expected to be the strongest performance this year in nearly four decades. The US economy is rebounding more quickly compared to its global rivals, thanks to two additional rounds of Covid-19 relief money from Washington as well as easing anxiety over the pandemic, which has boosted domestic demand and allowed services businesses like restaurants and bars to reopen. The second-fastest gross domestic product growth since the third quarter of 2003, reported by the Commerce Department yesterday, left output just 0.9% below its level at the end of

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