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The Latest Breaking News from GDP

Stocks Maintain Gains as Weak U.S. Reports Boost Rate Cut Expectations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.84%. Stocks this morning are modestly higher after U.S. economic...

Barchart

India’s Blistering Growth is One to Watch: The Kiplinger Letter

With India’s GDP, population and infrastructure growing fast, the future looks bright for investment.

Kiplinger

Jobless claims rise slightly as third-quarter GDP growth trimmed

Jobless claims in the US see a slight uptick as the third-quarter GDP growth is trimmed. Stay informed about the ever-fluctuating US economy!

Top News

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We're much closer to recession than you think — here's why

City Comment: One very small tweak on Friday could make a very big difference

Evening Standard

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are up +0.50%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.67% this morning, rebounding from the previous day’s sell-off, while market participants geared up for a new round of U.S. economic data and awaited an earnings report from footwear and sports apparel…

Barchart

RBNZ Governor Orr Tackles Weaker GDP, Calls It

RBNZ Governor Orr faces the complexities of weaker GDP in New Zealand, flashing his creative finesse in navigating the intricate economic landscape.

Top News

Goldman Sachs’ chief economist says ‘The Great Disinflation’ is under way—and he expects 3 back-to-back interest rate cuts by summer

Goldman’s Jan Hatzius put the odds of a recession at just 15% when much of Wall Street worried about a downturn. Now he’s taking an inflation victory lap.

Fortune

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Stock Market Predictions for 2024: Tesla, Apple and Rate Cuts

Nothing is ever certain, but top stock market predictions for 2024 include lower inflation, higher energy prices and an AI-related boost to GDP growth.

Kiplinger

An austere Christmas is on the cards – but don't say recession

The rapid increase in interest rates over the past year and a half is causing many consumers to feel less than joyous this festive season.

The Conversation

CBO Forecasts 1.5% GDP Boost, 4.4% Unemployment for US 2024

Take a whimsical trip into the future of the U.S. economy! CBO predicts a dance of numbers - 1.5% GDP growth and 4.4% jobless rate by 2024.

Top News

Bank of Italy Trims 2024 GDP, Foresees Sub-2% Inflation

In a whirlwind of numbers, Italy's central bank does a financial ballet, trimming down its 2024 GDP outlook to a petite 0.6%, predicting an inflation spect...

Top News

UK to 'dodge winter recession' as key business survey shows private sector growing

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

Evening Standard

Gaza War Dents Arab Economies: UN Forecasts 2.3% GDP Dip

UN study reveals Arab economies feel the pinch as the Gaza war potentially slices 2.3% off GDP. Conflict’s ripple effects surge beyond borders, hitting poc...

Top News

Jeremy Hunt’s tax cuts will add just 0.25% to UK GDP, Bank of England says

In a damning assessment of the chancellor’s fiscal shakeup, the Bank of England said the measures ‘could’ boost national output by a quarter of a per cent

The Independent UK

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Top News

Rosstat Confirms 5.5% Q3 GDP Growth in Russia

Behold! The Russian bear awakes from its slumber. Rosstat reports a robust 5.5% GDP growth in Q3, confirming Russia's accelerating economic surge.

Top News

2024 German GDP Forecast Slashed Amid Rising Uncertainty

Experience a dramatic twist in financial sagas as German institutes sculpt a new 2024 GDP forecast! Uncertainty - the invisible game changer!

Top News

DIW Institute Slashes German GDP Predictions Post-Budget Cuts

Dance of numbers descends, as DIW Institute curbs German GDP forecasts in a striking symphony of budgetary trimmings. German economy, to the rhythm of change!

Fortune

Vladimir Putin’s war in Ukraine has cost Russia’s economy 5% in growth, U.S. Treasury says

Russia plans big defense spending with inflation running high. But Vladimir Putin thinks the economy is doing great as it grows and keeps unemployment low.

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news in one place.

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AAP

New Zealand GDP falls, past recession revealed

New Zealand's economy is again going backwards, falling by 0.3 per cent in the September 2023 quarter.

StockNews.com

GameStop (GME) vs. Aeon (AONNY): Analyzing Which Specialty Retailer Is a Solid Buy for 2024

The specialty retail sector is flourishing due to a resilient U.S. economy with solid GDP growth, reduced inflation concerns, and robust consumer spending. Hence, let's assess which specialty retail stock between GameStop (GME) and Aeon (AONNY) could be a better buy for 2024. Read more….

Evening Standard

Another GDP slump — Where's the 'Brexit dividend' we were promised?

City Comment: Rishi Sunak's Government has failed to offer a vision of how a post-Brexit Britain can thrive and prosper

The Guardian - UK

Signals are flashing red for Rishi Sunak’s economic growth pledge

Bank of England and Niesr have not forecast a recession but October fall in GDP may suggest one is on the way

Evening Standard

Interest rates to plunge in 2024 after GDP falls, City markets suggest

Market pricing is now pointing to a first cut as soon as May

Evening Standard

FTSE 100 Live: 'Rate cuts could come sooner' as GDP falls by 0.3%, blue-chip shares higher

The Bank of England's Monetary Policy Committee held interest rates as expected today, with members voting 6-3 in favour of another pause.

Evening Standard

Recession fears return as figures show GDP slumped by 0.3% in October

Stormy weather partly to blame for surprise fall in output

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