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The Latest Breaking News from GDP

Interest rate rise unlikely after sluggish quarter of GDP growth, Australian economists say

Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut

The Guardian - AU

German GDP forecast downgraded but demand for IT professionals stays high

German economy struggles, impacting IT workers from India, while trade remains stable amidst internal strife and strikes.

The Hindu

India’s suboptimal use of its labour power

Whatever is happening to the GDP growth rate depends on what is happening to the labour market

The Hindu

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Karnataka’s economic engine not geographically balanced, says chairman of CII Karnataka

Karnataka makes a significant contribution to the country’s GDP, yet the State’s economic engine has not been geographically balanced, said N. Venu, MD & CEO, India & South Asia, Hitachi Energy. “Despite Karnataka’s significant growth and contribution to the GDP, its economic engine has not been geographically balanced, and the…

The Hindu

S&P Futures Tick Lower as Key U.S. Jobs Report Looms

March S&P 500 E-Mini futures (ESH24) are trending down -0.17% this morning as market participants turned their attention to the crucial U.S. nonfarm payrolls report for further clues on the U.S. rate outlook.

Barchart

S&P Futures Tick Higher as Key U.S. Jobs Report Looms

March S&P 500 E-Mini futures (ESH24) are trending up +0.09% this morning as market participants turned their attention to the crucial U.S. nonfarm payrolls report for further clues on the U.S. rate outlook.

Barchart

S&P Futures Tread Water as Key U.S. Jobs Report Looms

Barchart

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Japan Q4 GDP Revision Suggests Economy Avoided Recession

Revised Japan Q4 GDP data shows positive economic performance, indicating resilience and hope for recovery.

Top News

State of the Union 2024: The data behind Biden’s address

“Look at the facts.” — President Joe Biden, State of the Union 2024

USAFacts

Brexit hitting UK economy and damage set to worsen with new trade barriers, Budget watchdog warns

Impact of leaving EU raised by Office for Budget Responsibility in its detailed analysis of Chancellor Jeremy Hunt’s Budget

Evening Standard

Brazil's Public Debt Reaches 75% Of GDP In January

Learn about Brazil's public sector gross debt reaching 75% of GDP in January and the need for strategic fiscal management.

Top News

Brazil's Public Debt Reaches 75% Of GDP

Learn about Brazil's public sector debt challenges and the need for fiscal discipline to ensure economic stability and growth.

Top News

Budget 2024: UK taxes head for highest level since 1948 despite Hunt’s NI cut

Borrowing and stealth taxes fund £14bn giveaway, but public spending squeeze looms after election

The Guardian - UK

Chancellor to raise UK government borrowing to fund budget measures – OBR

Office for Budget Responsibility says national insurance and tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29

The Guardian - UK

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StockNews.com

Potentially Double Your Investments With These 3 Financial Stocks

The strong US economic expansion in 2023, surpassing GDP estimates, is expected to benefit the financial industry by boosting lending, investment activity, and profitability for financial institutions. Hence, fundamentally solid financial stocks ORIX Corporation (IX), FLEETCOR Technologies (FLT), and Jiayin Group (JFIN) might be ideal buys for solid gains. Read…

Top News

Indonesia's School Lunch Project Boosts GDP Growth

Indonesia's GDP set to rise by 2.6% in 2029 through a strategic lunch project focusing on school children's nutrition for economic growth.

Top News

RBI Chief Forecasts India's GDP Growth Near 8%

RBI chief's positive outlook on India's GDP growth close to 8% amid pandemic challenges.

Top News

Germany's Ifw Kiel Cuts 2024 GDP Forecast

Learn about Germany's IfW Kiel economic institute's revised GDP forecast and its implications for the economy.

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The Guardian - AU

Australia’s economy has slowed to a halt. It’s time for the Reserve Bank to take its foot off the brake

The country ended 2023 teetering on the brink of recession, with essentially only population growth keeping things going

The Guardian - UK

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

The Guardian - AU

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

International Business Times

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.

The Guardian - UK

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 - AU

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

International Business Times

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.

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