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The Latest Breaking News from GDP

GDP figures show Australia’s economy grew by just 0.2% in the December quarter

Treasurer Jim Chalmers had been preparing the public for ‘quite weak’ economic growth at the end of 2023 as interest rate rises hit home

The Guardian - AU

China's Economic Woes Far From Over, Despite Optimistic Growth Goal

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Western nations but for China a far cry from the breakneck expansion that powered its rise.

International Business Times

What are the UK’s ‘fiscal rules’ and why is the OBR under attack?

The Treasury watchdog is seen by some Tories as a block to tax cuts – and could be ignored by Jeremy Hunt

The Guardian - UK

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China sets challenging GDP target in face of regional tensions and ageing population

Economists say 5% target is ambitious, as premier Li Qiang tells annual gathering that global economy and problems at home are presenting hurdles to recovery

The Guardian - AU

China's Leaders Set Five Percent Growth Goal For 2024

China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy.

International Business Times

Panama GDP Growth To Slow In 2024 Due To Mine Closure

IMF projects Panama's GDP growth to slow to 2.5% in 2024 due to the closure of the First Quantum mine, highlighting the need for diversification and collab...

Top News

Facts and statistics: On the national income data released by the National Statistical Office

There must be a sober analysis of the real state of the economy that draws on multiple statistical sets

The Hindu

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Tax and spending cuts will backfire, economists warn Jeremy Hunt

Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go

The Guardian - UK

Govt. failed to realise 'Make in India' due to 'complete inaction', says Congress chief Kharge

Posing several questions, the Congress chief asked why the value added by manufacturing in India’s GDP declined from 16% to 13% over the past decade.

The Hindu

The Conservatives’ economic record since 2010 in 10 charts

From a huge budget deficit to weak GDP and a record rise in tax, we look at the background to the Tory budget

The Guardian - UK

India's Q3 GDP Growth Boosted By Subsidy Reduction

India's economy shows growth in Q3 with subsidy reduction driving positive economic trends.

Top News

Taiwan Raises 2024 GDP Forecast Amid Export Recovery

Taiwan's economy shows resilience as GDP growth forecast for 2024 is revised upwards, driven by export recovery and government stimulus measures.

Top News

Goldman Sachs CEO weighs in on what’s next for the economy

U.S. GDP expanded 2.5% last year. Here's what could happen in 2024.

The Street

Stocks Finish Lower Ahead of Thursday’s Core PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.061%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes on Wednesday posted moderate losses. Long liquidation pressure from recent record...

Barchart

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Barchart

Dollar Ends Higher as Stocks Retreat

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

The Hindu

Multi hazard vulnerability map for coastline under preparation, says Secretary of MoES

Government of India working on multi hazard vulnerability map for coastline to improve marine sector contribution to GDP.

Barchart

Stocks Decline Ahead of Thursday’s Key Inflation Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Barchart

Dollar Climbs on Weakness in Stocks

The dollar index (DXY00 ) this morning is up by +0.18% at a 1-week high. Weakness in stocks today has boosted liquidity demand for the dollar. Today’s revised U.S. Q4 GDP report was mixed for the dollar after Q4 GDP was revised lower, but Q4 personal consumption and the Q4...

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Top News

US Economy Grew 3.2% In Q4, Inflation Eases

Learn about the U.S. economy's 3.2% growth in Q4 2023 driven by consumer spending and moderated inflation. Analysts expect further Fed rate cuts to support...

Reason

Brian Riedl: Who Bankrupted Us More—Trump or Biden?

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

Barchart

Stocks Fall Back Ahead of Thursday’s PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Investors Business Daily

Dow Jones Slides 200 Points On Surprise GDP Data; Cathie Wood Sells More Nvidia Stock

Stock Market Today: The Dow Jones dropped Wednesday morning on surprise GDP data. Cathie Wood sold more Nvidia stock Tuesday.

Evening Standard

The Chancellor will be economical with the truth in the Budget

City Voices: Tough choices await after the election

The Street

Stock Market Today: Stocks lower with inflation in focus; Bitcoin tops $62,000

Stocks could see today's GDP data as a sign that inflation pressures carried over into the start of the year.

Barchart

S&P Futures Tick Lower as Investors Await Key U.S. GDP Data and Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.27% this morning as market participants looked ahead to a new round of U.S. economic data, comments from Fed officials, and earnings reports from notable cloud sector players Salesforce and Snowflake.

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