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The Latest Breaking News from GDP

Tax and spending cuts will backfire, economists warn Jeremy Hunt

Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go

The Guardian - UK · Mar 2, 2024

Govt. failed to realise 'Make in India' due to 'complete inaction', says Congress chief Kharge

Posing several questions, the Congress chief asked why the value added by manufacturing in India’s GDP declined from 16% to 13% over the past decade.

The Hindu · Mar 2, 2024

The Conservatives’ economic record since 2010 in 10 charts

From a huge budget deficit to weak GDP and a record rise in tax, we look at the background to the Tory budget

The Guardian - UK · Mar 2, 2024

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India's Q3 GDP Growth Boosted By Subsidy Reduction

India's economy shows growth in Q3 with subsidy reduction driving positive economic trends.

Taiwan Raises 2024 GDP Forecast Amid Export Recovery

Taiwan's economy shows resilience as GDP growth forecast for 2024 is revised upwards, driven by export recovery and government stimulus measures.

Stocks Finish Lower Ahead of Thursday’s Core PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.061%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes on Wednesday posted moderate losses. Long liquidation pressure from recent record...

Barchart · Feb 28, 2024

Dollar Ends Higher as Stocks Retreat

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

Barchart · Feb 28, 2024

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Multi hazard vulnerability map for coastline under preparation, says Secretary of MoES

Government of India working on multi hazard vulnerability map for coastline to improve marine sector contribution to GDP.

The Hindu · Feb 28, 2024

Stocks Decline Ahead of Thursday’s Key Inflation Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Barchart · Feb 28, 2024

Dollar Climbs on Weakness in Stocks

The dollar index (DXY00 ) this morning is up by +0.18% at a 1-week high. Weakness in stocks today has boosted liquidity demand for the dollar. Today’s revised U.S. Q4 GDP report was mixed for the dollar after Q4 GDP was revised lower, but Q4 personal consumption and the Q4...

Barchart · Feb 28, 2024

US Economy Grew 3.2% In Q4, Inflation Eases

Learn about the U.S. economy's 3.2% growth in Q4 2023 driven by consumer spending and moderated inflation. Analysts expect further Fed rate cuts to support...

Brian Riedl: Who Bankrupted Us More—Trump or Biden?

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

Reason · Feb 28, 2024

Stocks Fall Back Ahead of Thursday’s PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Barchart · Feb 28, 2024

The Chancellor will be economical with the truth in the Budget

City Voices: Tough choices await after the election

Evening Standard · Feb 28, 2024

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Barchart · Feb 28, 2024

S&P Futures Tick Lower as Investors Await Key U.S. GDP Data and Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.27% this morning as market participants looked ahead to a new round of U.S. economic data, comments from Fed officials, and earnings reports from notable cloud sector players Salesforce and Snowflake.

Barchart · Feb 28, 2024

S&P Futures Slip as Investors Await Key U.S. GDP Data and Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.37% this morning as market participants looked ahead to a new round of U.S. economic data, comments from Fed officials, and earnings reports from notable cloud sector players Salesforce and Snowflake.

The Hindu · Feb 28, 2024

Why sustainable funding matters for India’s ‘science power’ ambition | Explained

The National Science Day theme for 2024, "Science for Sustainable Development", also highlights India's need to increase its R&D funding if it is to become a developed nation by 2047.

Barchart · Feb 25, 2024

Earnings, GDP and Other Can't Miss Items This Week

Last week was a wild week in the markets with the S&P 500 ($SPX) (SPY) closing up over 1%.

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The Hindu · Feb 25, 2024

With food spends down in the country, growth may get leg-up

As per the HCES findings for 2022-23, rural spending on food and beverages has dropped to 46.4% from 52.9% in 2011-12

The Hindu · Feb 23, 2024

Changing the growth paradigm

Rather than trying to catch up with rich countries on their historical development paths, India should take advantage of its present realities.

Small Business Optimism Index Drops Despite Strong GDP Growth

Small business optimism declines in the U.S. despite strong GDP growth, hindered by hiring challenges and workforce development issues.

The Guardian - US · Feb 22, 2024

Weight-loss drug use could boost GDP in US by 1%, says Goldman Sachs

Some analysts predict market could reach $100bn a year by end of decade with Eli Lilly and Ozempic maker Novo Nordisk leading

Evening Standard · Feb 21, 2024

Public finances in record surplus in January as debt interest costs plummet

Public sector collected £16.7 billion more in tax than it spent during the month, ONS figures show

International Business Times UK · Feb 20, 2024

What Does UK Entering Recession After Steeper-Than-Expected Fall In GDP Mean For Brits

While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.

StockNews.com · Feb 20, 2024

Top 3 China Picks for Future Weekly Gains

The Chinese economy, showcasing remarkable resilience as evidenced by the better-than-expected GDP data for 2023, is anticipated to thrive in the future owing to stimulus measures implemented by Chinese authorities designed to bolster investor confidence. Given this backdrop, quality Chinese stocks China Automotive Systems (CAAS), LexinFintech Holdings (LX), and NetEase…

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