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The Latest Breaking News from GDP

OPINION - We’re stealing from the young to give to the old — politicians should raid pensions

It’s a frustration of mine that I often get the feeling people don’t seem to understand how on edge we are financially as a country. At the end of 2023/24 public sector net debt was £2.6 trillion, which is a staggering 98% of GDP. The interest the government has to…

Evening Standard

Immigration must be matched with investment in UK infrastructure to ease pressures

Net migration has benefits but has done nothing to address downward trend in per capita GDP

The Guardian - UK

US Economy Grows At Sluggish 1.3% Rate In Q1

Explore the impact of slow GDP growth, high inflation, and uncertain future projections on the U.S. economy in Q1 2022.

Top News

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Fresh Economic Data Raises Questions About Fed Rate Cuts

The U.S. economy received some mixed news from fresh data released Thursday, including slight changes in inflation rates, jobless claims and gross domestic product (GDP).

International Business Times

Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses

Federal Reserve rate-cut odds rose slightly after both first quarter inflation data and GDP growth were revised lower.

Investors Business Daily

Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce Plunges 20% On Earnings

Stock Market Today: The Dow Jones Industrial Average dropped 375 points Thursday after jobless claims and GDP. Salesforce plunged 20% on earnings.

Investors Business Daily

Stock Market Today: Stocks slide on inflation concerns; GDP slows, Salesforce plunges

The S&P 500 is on pace for its worst week in six amid a spike in Treasury bond yields tied to renewed inflation risks.

The Street

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Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from…

Barchart

Don't blame central bankers — economic predictions are hard

City Voices: Independent central banks remain key to economic stability

Evening Standard

Bank fined after trader makes $444 billion 'fat finger' error

The error, worth more than the GDP of Denmark, was partially blocked by Citigroup, but almost $200 billion worth of shares were still sent to a trading algorithm

Evening Standard

The Scottish Government can't grow the economy within this Westminster system

This week, I address the lack of economic levers available to the Scottish Government as it seeks economic growth.

The National (Scotland)

A drop in global GDP would be good for the planet

Letter: A reduction in the consumption of carbon-intensive products and services is not something to complain about, writes Terry Cannon

The Guardian - UK

OPINION - An improving economy won't save the Tories

It doesn't seem fair. When the economy is tanking, the government gets the blame. When it recovers, voters tend to give short shrift. Just ask John Major, who couldn't even convince one in three Britons to support the Conservatives in 1997 despite overseeing 22 consecutive quarters of GDP growth and…

Evening Standard

GDP growth likely to be 6.7 pc in Q4; 7 pc in FY24: Ind-RA

India Ratings and Research expects the country's GDP growth rate for the March quarter at 6.7 per cent and around 6.9-7 per cent for the 2023-24 fiscal. Read further on Dynamite News:

Dynamite News

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The Guardian - US

Economic damage from climate change six times worse than thought – report

A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

Top News

South Korea's GDP And Inflation Forecasts Raised By Think Tank

Korea Development Institute raises GDP and inflation forecasts, signaling economic growth and resilience in South Korea.

International Business Times

Japan Economy Suffers Worse-than-expected Contraction Of 0.5%

Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.

Reason

The YIMBY Napkin

Checking the credibility of Hsieh-Moretti the lazy way. Third in a series of guest-blogging posts.

Evening Standard

Jeremy Hunt hails wage rises outstripping inflation for 10th month in a row as economy bounces back

Official figures on the ‘wages recovery’ come just days after GDP growth jumped 0.6% in first three months of the year

Reason

Brace for Big Tax Hikes in 2026 Unless Congress Acts

The Tax Cuts and Jobs Act expires at the end of 2025, with a high price tag for most Americans.

Evening Standard

'Finally a good news story for the UK' as GDP grows at fastest pace in more than two years

The City was basking in a rare glow of “genuinely strong” economic news today

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