The economy is finally booming, but millions of Americans can't feel it -- yet

The American economy is roaring back to life as the once-in-a-century pandemic winds down.

The US economy just notched its fastest first-quarter GDP growth in nearly four decades. Armed with stimulus checks and tax credits, Americans are spending aggressively. Hiring is surging as broad swaths of the economy -- including even New York City, the epicenter of the pandemic -- prepare to fully reopen for business.