Mark Memmott

The U.S. economy grew at a 2.2 percent annual rate in the first quarter of the year, according to the Bureau of Economic Analysis.

That's down from the 3 percent pace in fourth-quarter 2011, but is still better than the 1.7 percent growth for all of last year.

The first-quarter figure will be revised twice, in each of the next two months.

We'll have more about the report shortly.

Update at 8:47 a.m. ET. Behind The Numbers:

The news overnight that the U.S. and Japan have reached an agreement to move about 9,000 U.S. Marines off the island of Okinawa means that slightly more than half of the Marines who have been stationed there will be heading to Guam and other places in the Pacific.

There were 388,000 first-time claims for jobless benefits last week, down just 1,000 from the week before, the Employment and Training Administration just reported.

And in another sign that the labor market's recovery remains sluggish, the agency said "the 4-week moving average was 381,750, an increase of 6,250 from the previous week's revised average of 375,500." That measure is said by economists to be a better gauge of the underlying trend in claims.

Convicted today of contempt for refusing to push for the reopening of a corruption case involving Pakistan's president, Prime Minister Yousuf Raza Gilani was given a prison sentence that lasted just a few minutes.

"The ruling ... appeared to be a compromise," The Associated Press writes, "but could still mean problems for him because he has been convicted in a court. That means he could face dismissal from office in the weeks, or more likely, months to come."

While activists inside Syria say government forces are responsible for an explosion today in the city of Hama, and that about 70 people were killed, President Bashar Assad's regime has a much different story. It says about 16 people were killed by an explosion at a bomb factory used by "armed terrorist groups," the BBC reports.

Former Liberian President Charles Taylor is guilty of "aiding and abetting" forces in Sierra Leone that committed war crimes and other atrocities during a war that lasted more than a decade and left more than 50,000 people dead, the Special Court for Sierra Leone ruled today.

Taylor, the first head of state since just after World War II to be judged by an international tribunal, "knew that his support" would assist and encourage fighters who were committing war crimes, the tribunal ruled. In return, he received so-called blood diamonds from Sierra Leone.

The early analyses of this morning's Supreme Court hearing on parts of Arizona's controversial immigration law are in, and the consensus is that the majority of justices will likely uphold the state's effort to reduce the number of people within its borders who may be there illegally.

We're sorry to be a day late — you'd think in the Internet age we would have been more on top of this.

Former Vice President Al Gore (D) is among the inaugural inductees in the Internet Hall of Fame.

He's been lauded by the Internet Society for being "a key proponent [as a senator and vice president] of sponsoring legislation that funded the expansion of and greater public access to the Internet."

Fox News reports that "senior Gingrich aides" say former House Speaker Newt Gingrich "plans to formally suspend or end his presidential campaign next Tuesday."

CNN writes that "sources close to Newt Gingrich say he will end his bid for the GOP presidential nomination next week."

Among the highlights so far today during Rupert Murdoch's testimony in London before an inquiry into the ethics of the British news media, and his News Corp. tabloids in particular, is this quote from the media mogul:

"I've never asked a prime minister for anything."

NPR's David Folkenflik, who is live-tweeting, and NPR's Philip Reeves, who has been filing radio reports, will have more as the inquiry continues.