1Q GDP revised up to 0.8%; economy slogs along. Yellen hawkish, with an oops. Why G7? Why Sears? Philips turns out the lights. ACLU-MSFT tag team for 4th Amendment. Obama in Hiroshima. Financial Review by Sinclair Noe for 05-27-2016 DOW + 44 = 17,873 SPX + 8 = 2099 NAS + 31 = 4933 10 Y + .03 = 1.85% OIL – .06 = 49.40 GOLD – 9.50 = 1211.00   Gross domestic product rose at 0.8% rate from January to March, up from an initial 0.5% reading. The upward revision reflected a smaller drag from trade than previously estimated. The government also reported a rebound in after-tax corporate profits, which increased at a 0.6 percent rate in the first quarter after plunging at an 8.4 percent pace in the fourth quarter. Income growth for the first quarter also was revised higher. The economy has been hurt by a strong dollar and sluggish global demand. The Atlanta Federal Reserve is currently estimating second-quarter GDP rising at a 2.9 percent rate.   Consumer spending, the main engine of the economy, rose 1.9% in the first quarter. That was unchanged from the government’s original estimate. Americans spent more on housing, utility bills and health care and pared back purchases of new cars. Outlays on new home construction surged at 17.1% clip in the first quarter, up from a prior 14.8% estimate. That’s the biggest gain in nearly four years. Business investment declined, in some cases sharply. Outlays on structure such as oil ...