GDP grows more slowly than expected

WNYC— Gross domestic product grew by 1.6% in the first quarter, slower than expected after the six-quarter steak of 2% growth or more. How will the Federal Reserve respond to this data when making its next interest rate decision? Also in this episode: The new deep-water channel helping cargo ships leave the Port of Baltimore, protecting trade secrets with noncompete agreements, and the struggling pneumatic tube business gets a boost from the cannabis industry.

@Marketplace—U.S. GDP grew by 1.6% in the first quarter, slower than expected. This ends a six-quarter period where GDP growth remained at 2% or higher. But the decrease may not be a cause for concern at this point.

Drudge Report—GDP growth slowed to a 1.6% rate in the first quarter, well below expectations. GDP slows to 1.6% (Second column, 2nd story, link) Related stories:Fed Rate Cuts Slipping Away Drudge Report Feed needs your support!   Become a Patron

The London Economic—Expected to Grow Through 2024: Thousand Flock to Istanbul for Affordable Hair Transplant Turkey Cost. We look at why hair transplant procedures have become increasingly popular in Istanbul, Turkey over the past decade.