 The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, a slight upgrade from its previous estimate. Consumer spending grew at just 1.5% rate, down from the initial estimate of 2% and a sign that high interest rates may be taking a toll on the economy. The Dow hit 63 points and the Nasdaq adding 47 now. This is SRN News.