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The Latest Breaking News from GDP

Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet

Are we headed for a recession? The answer is complex – although for young people it already feels like one

The Guardian - AU

U.S. Latinas' contribution to the GDP continues to grow, now topping Florida's economy

The figure amounts to $1.3 trillion and has grown more than 50 percent between 2010 and 2021, according to a new report

Latin Times

Kate Forbes hails Scottish GDP growth 'despite restraints of Brexit and devolution'

KATE Forbes has hailed new figures showing Scotland’s GDP growth in the second quarter of 2024 “despite the restrictions of the devolution…

The National (Scotland)

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Craig Dalzell: Here's my verdict on Keir Starmer's 'pain' speech

AHEAD of the reopening of the UK Parliament next week, Prime Minister Keir Starmer painted a bleak picture of a broken Britain that he plans to…

The National (Scotland)

The leading alternative to GDP is languishing over a technical disagreement – with grave potential consequences

Many commentators believe that the world should move away from measuring economic success in terms of GDP growth. Yes, growth has brought prosperity and untold riches, but it has had significant negative side effects for the planet, including climate change, pollution and species extinction. None of these are captured in…

The Conversation

Latinas Boost U.S. Economy With Latinas Boost U.S. Economy With Top News.3 Trillion Contribution.3 Trillion Contribution

Latinas in the U.S. made a significant economic impact in 2021, contributing Latinas Boost U.S. Economy With Top News.3 Trillion Contribution.3 trillion to GDP and showcasing remarkable growth and progress.

Top News

‘These ideas are incredibly popular’: what is degrowth and can it save the planet?

The post-growth movement says GDP is the wrong way to measure progress and we need a radical economic rewiring

The Guardian - UK

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Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - UK

GDP, Tech Earnings and Other Can't Miss Items this Week

The S&P 500 ($SPX) (SPY) had a strong finish to the week finishing 1.15% higher on Friday which was good for a 1.45% weekly gain.

Barchart

Gaza war extends toll on Israel’s economy

Combat operations are straining Israel’s economy, leading to shrinking of the GDP and downgrading of sovereign rating.

Al Jazeera

Corruption holds small businesses back: Ghana study reveals two strategies to avoid the traps

Small and medium enterprises account for 95% of all registered businesses and contribute about 50% to the total GDP of countries in sub-Saharan Africa.

The Conversation

An economic catastrophe is lurking beneath Russia’s GDP growth as Putin ‘throws everything into the fireplace’

An economic catastrophe driven by the fundamental flaws in Russia's current strategy is looming large as Ukrainian forces fight on Russian soil.

Fortune

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

The Guardian - UK

Stocks Muted Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.15% this morning as investors awaited a flurry of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Barchart

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Barchart

Stocks Rise Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.11%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.24% this morning as investors awaited a flurry of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Evening Standard

British economy grew 0.6% in the second quarter of the year

It was the second consecutive quarter of GDP growth following a 0.7% advance in the first three months of 2024

The Guardian - UK

UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with the service sector helping drive growth

The Guardian - UK

Dollar jumps as strong US retail sales ease recession fears – as it happened

US retail sales grew by 1% in July, much stronger than the 0.3% expected; UK GDP grew by by 0.6% in second quarter of 2024

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news in one place.

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Evening Standard

OPINION - No, Taylor Swift's Eras Tour did not meaningfully boost economic growth

The Eras Tour is big. The UK economy is much bigger

Capital & Main

Recognizing the Economic Need for California’s Undocumented Immigrants

A new study finds 1.6 million undocumented workers created 1.25 million jobs and produced 5% of the state’s GDP.

Caixin Global

Weak demand, property downturn and extreme weather were to blame, analysts say

The Guardian - UK

France’s GDP gets €1bn lift from giant cruise ship as German economy shrinks

Analyst says eurozone could have turned a corner as it avoids recession with 0.3% growth

Barchart

S&P Futures Tick Higher Ahead of FOMC Meeting, U.S. JOLTs Report and Microsoft Earnings in Focus

September S&P 500 E-Mini futures (ESU24) are trending up +0.17% this morning as market participants braced for the start of the Federal Reserve’s two-day policy meeting while also awaiting the latest reading on U.S. job openings as well as an earnings report from tech giant Microsoft.

The Guardian - UK

Germany on brink of recession; eurozone beats forecasts with 0.3% growth; US job openings fall – as it happened

Rolling coverage of the latest economic and financial news, including growth figures from across the eurozone

Al Jazeera

‘No Zeitenwende’: Germany lacks leadership amid Ukraine war, say experts

Germany’s 2025 budget will halve aid to Ukraine, but public opinion goes in the opposite direction.

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