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The Latest Breaking News from GDP

Poland beats Spain on income as Tusk claims ‘European elite’ status

Poland's per capita income calculated in purchasing power parity (PPP) has overtaken Spain as it edges closer to UK levels.

Euronews

Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than the outlays for Social Security, and equal to spending on major health programs

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with provisions set aside for health and Social Security programs, and well ahead of calls to reduce deficits to 3% of GDP.

Fortune

AI capex and the ‘wealth effect’ from tech stocks (like Nvidia) now drive one-third of U.S. GDP, top analysts say

“That would leave the economy vulnerable if investors started to doubt the AI story,” they warn.

Fortune

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India Was the World’s Richest Country for 1,000 Years. What Exactly Changed?

For much of recorded history, India was one of the largest economic powers in the world. This is not a cultural claim. It is supported by long term economic research. Economic historian Angus Maddison, whose global GDP reconstructions are widely cited in academic circles, estimated that: Around 1 AD, India…

Times Life

Poland’s debt on track to breach 100% of GDP by 2036, Commission warns

Brussels warns that without spending restraint and structural fixes, Warsaw’s debt trajectory could worsen markedly despite limited short-term risks.

Euronews

4 years on, Russia's Ukraine 'blitz' drags on: How the conflict redefined warfare, shattered Europe

On 24 February 2022, Russian forces crossed into Ukraine on the orders of President Vladimir Putin. What was expected by many to be a swift military operation has become one of the longest and most consequential wars of the 21st century.

The Times of India

Trump’s tariffs: a lesson in economic and legal ignorance

Have tariffs created more jobs, or an economic boom? Not if you look at the data.

Fortune

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Why So Many Indians Believe the West Is Better Than India

In many Indian homes, a familiar sentence carries unusual weight: “My son is in Canada now.” The pride is visible. But if the same son were working in Pune or Noida, the reaction might be quieter. Why does geography change perception so dramatically? This belief that the West offers a…

Times Life

New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump's tariffs defeat will make the picture even worse

By 2035, the CBO expects the deficit to reach $2.96 trillion or 6.2% of GDP versus 5.8% today, and almost double the multi-decade, pre-pandemic average.

Fortune

Stocks Shrug Off Tariff Ruling, Weak GDP: Stock Market Today

Market participants had plenty of news to sift through on Friday, including updates on inflation and economic growth and a key court ruling.

Kiplinger

Dollar Weakens as SCOTUS Rebuffs President Trump’s Tariffs

The dollar index (DXY00 ) fell from a 4-week high on Friday and finished down by -0.13%. Weaker-than-expected US economic news knocked the dollar lower on Friday. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected...

Barchart

Energy Demand Concerns Weigh on Crude Oil Prices

March WTI crude oil (CLH26 ) on Friday closed down -0.04 (-0.06%), and March RBOB gasoline (RBH26 ) closed down -0.0093 (-0.46%). Crude oil and gasoline prices settled lower on Friday amid concerns about energy demand after the US Q4 GDP grew at a slower-than-expected pace. However, losses in crude...

Barchart

Crude Oil Prices Pull Back on Energy Demand Concerns

March WTI crude oil (CLH26 ) today is down -0.47 (-0.71%), and March RBOB gasoline (RBH26 ) is down -0.0070 (-0.35%). Crude oil and gasoline prices are moving lower today amid concerns about energy demand after US Q4 GDP grew at a slower-than-expected pace. However, losses in crude are limited...

Barchart

Dollar Retreats as Supreme Court Strikes Down President Trump's Tariffs

The dollar index (DXY00 ) fell from a 4-week high today and is down by -0.25%. Weaker-than-expected US economic news knocked the dollar lower today. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected and weighed...

Barchart

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Fortune

The ‘alternative scenario’ of an even bigger national debt disaster is in play after the Supreme Court ruled Trump’s tariffs illegal

Federal debt was set to reach 120% of GDP by 2036, the CBO projected, but that assumed the tariffs would stay in place.

Barchart

S&P Futures Dip With U.S. PCE Inflation and GDP Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.12% this morning as investors assess the potential impact of conflict in the Middle East and await a raft of U.S. economic data, with particular attention on the Fed’s favorite inflation gauge and the first estimate of fourth-quarter GDP.

Reason

U.S. To Spend $24.4 Trillion More Than It Has Over the Next Decade, Report Warns

The cost of paying the interest is now the central story, and it's a grim one.

Times Life

Why Sundar Pichai, Satya Nadella and Shantanu Narayen Built Their Careers Outside India

When Indians see familiar names leading companies like Google, Microsoft and Adobe, pride feels natural. These leaders were educated in Indian institutions, shaped by Indian classrooms and mentors. Yet their rise to the top happened thousands of miles away. To understand why, we must look not at emotion, but at…

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Fortune

$56 trillion national debt leading to a spiraling crisis: budget watchdog warns the U.S. is walking a crumbling path

Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.

The Guardian - UK

Starmer’s options in funding a further defence spending rise would be limited

Competing domestic priorities, Treasury borrowing limits and already nervous lenders are among the many obstacles

The Guardian - UK

Britain ‘needs to go faster’ on defence spending, Starmer says

PM says ‘we need to step up’ but sources clarify that is unlikely to mean spending 3% of GDP before next election

Evening Standard

Millions of Britons face more tax rises to boost defence spending to fight Vladimir Putin threat

The warning came as Sir Keir Starmer signalled he wanted to increase defence spending to 3% of GDP by 2029

Barchart

AI Disruption Fear, FOMS and Other Key Things to Watch this Week

Markets enter a holiday-shortened week as AI disruption fears that initially pressured software stocks have spread dramatically to wealth management, commercial real estate firms, and logistics companies.

Fortune

Middle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns

The data center push is a one-two punch for everyday Americans with the potential to slash consumer spending and even drive down U.S. GDP growth, according to the bank.

Times Life

7 Reasons Why Unemployment in India Is Rising Faster Than Ever

India continues to grow at an estimated 6.5-7% GDP rate in FY 2025-26, positioning itself among the fastest-growing major economies. However, employment growth has not kept equal pace with economic expansion. According to the latest Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation, the…

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