U.S. GDP grew by 1.6% in the first quarter, slower than expected
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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
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Cognizant Q1 revenue falls 1.1%, profit dips 6%
US-headquartered information technology and professional services firm Cognizant Technology Solutions (Cognizant) posted a decline in net profit by 5.9% year-on-year (YoY) to $546 million YoY, for the first quarter FY24 ending March due to a continued slowdown in discretionary spending by clients.The Nasdaq-listed firm had posted a net profit of $580 million in Q1 of FY23.Cognizant, whose majority of employees are based in India, follows the calendar year cycle from January to December.During...
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1 dead, 1 seriously injured after I-35 head-on crash with semi in KCK
Johnson County Sheriff’s Office responded to Jeep Gladiator and tractor-trailer crash, one person dead, another with serious injuries