The Latest Breaking News from GDP

The S&P 500 is up 10% this year, driven largely by tech companies that are spending heavily on AI.

September S&P 500 E-Mini futures (ESU25) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.08% this morning, taking a breather after recent gains, while investors look ahead to crucial U.S. producer inflation data for insight into how aggressively the Federal Reserve may cut interest rates.

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, while eurozone industrial production slumps

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June

A surge for Admiral and Aviva was today offset by falls for ex-dividend stocks HSBC and BP as the FTSE 100 index failed to benefit from the UK’s GDP surprise.

Union calls for increased spending to revamp vehicles and station houses that it says are an insult to officers’ dignity

Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week.

Its migrant-powered GDP growth is lauded. If only the people who pick its fruit could be treated with dignity and respect, says Tone Sutterud, a human rights and environment journalist and translator

The former chancellor said the commitment to spend 5% of GDP by 2035 should be treated as ‘exceptional’.

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century's end, setting off alarm bells among financial institutions worldwide.

As Rusty Foster, author of the widely read media blog Today in Tabs, puts it: “Our economy might just be three AI data centers in a trench coat.”