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The Latest Breaking News from GDP

Australia’s economic growth slows, reducing chance of another interest rate rise next year

Economy grows more slowly than expected, with consumer spending flat under the pressure of high interest rates

The Guardian - AU · Dec 6, 2023

India's emission intensity reduced by 33% between 2005 and 2019: Govt report

India reduced its GDP emission intensity by 33% between 2005-2019, achieving the target 11 years in advance. The energy sector accounted for the max. share of emissions (75.81%), followed by agriculture (13.44%), industrial process & product use (8.41%), and waste (2.34%). India created an additional carbon sink of 1.97 billion…

The Hindu · Dec 3, 2023

Are young people poised to slam the brake on endless economic growth?

The climate and cost of living crises make belief in expanding GDPs look as stale as last year’s mince pies. But when central governments rely on consumerism to shore up spending, it will be hard for ‘degrowth’ to gain any traction

The Guardian - UK · Dec 2, 2023

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Patchy expansion: On provisional estimates of GDP

The challenge for policymakers will be to help broaden the growth base

The Hindu · Dec 1, 2023

Bilibili Inc. (BILI) vs. LexinFintech (LX) - Predicting Which China Stock Will Have Better December Gains

With a substantial GDP expansion and well-timed government initiatives to help recovery, China's economy is expected to rise significantly in the following years. In light of this, which of the stocks, LexinFintech (LX) and Bilibili (BILI), could see more gains in December? Let's find out.

StockNews.com · Dec 1, 2023

Morning Digest | Exit polls show Congress win in Telangana, Chhattisgarh, but differ over M.P., Rajasthan; GDP surges 7.6% in Q2, goes past RBI forecast; and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on November 26, 2023

The Hindu · Dec 1, 2023

GDP surges 7.6% in Q2, goes past RBI forecast

India's Q2 GDP grew 7.6%, higher than expected, driven by govt spends & manufacturing. GVA growth eased to 7.4%, but farm sector skidded to 1.2%. Construction & manufacturing led with 10.5% & 9.3% growth respectively. PFCE growth halved to 3.1%. RBI & govt expect 6.5% growth this year.

The Hindu · Nov 30, 2023

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Starmer, Brown, Sunak and Hunt lead tributes to former chancellor Alistair Darling – as it happened

Alistair Darling was ‘one of the great chancellors’, says Jeremy Hunt, while Gordon Brown remembers ‘a statesman of unimpeachable integrity’

The Guardian - UK · Nov 30, 2023

Stock Market Today: Stocks Give Back GDP Gains After Beige Book

The latest GDP report showed the U.S. economy grew at a rapid-fire rate in the third quarter, but the Fed's Beige Book sparked concerns.

Kiplinger · Nov 29, 2023

Dollar Recovers Early Losses on U.S. Economic Strength

The dollar index (DXY00 ) on Wednesday rose by +0.04%. The dollar on Wednesday recovered from a 3-1/2 month low and posted modest gains. The dollar rebounded after Wednesday’s economic news showed Q3 GDP was revised higher than expected. Also, an easing of consumer price pressures in Germany and Spain...

Barchart · Nov 29, 2023

Crude Advances Ahead of Thursday's OPEC+ Meeting

January WTI crude oil (CLF24 ) this morning is up +0.71 (+0.93%), and Jan RBOB gasoline (RBF24 ) is up +0.0105 (+0.48%). Crude oil and gasoline prices this morning are moderately higher. Crude has support on signs of U.S. economic strength after U.S. Q3 GDP expanded more than expected. Also,...

Barchart · Nov 29, 2023

Stocks Move Higher on Economic Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. Stocks this morning are moderately higher, with the S&P...

Barchart · Nov 29, 2023

Markets Today: Stocks Push Higher on Economic Strength and Lower Bond Yields

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.47% at a 3-3/4 month high, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.61%. Stock index futures this morning are moderately higher after Q3 GDP was revised higher and the Q3 core deflator was revised lower,...

Barchart · Nov 29, 2023

Homeowners told not to expect interest rate cut until 2025 as mortgage squeeze goes on

Leading economists at the OECD also stressed the UK would have the second slowest GDP growth of the G7 group of wealthy nations

Evening Standard · Nov 29, 2023

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Barchart · Nov 29, 2023

S&P Futures Tick Higher as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

December S&P 500 futures (ESZ23) are trending up +0.31% this morning as market participants geared up for a slew of U.S. economic data while also awaiting earnings results from notable cloud sector players Salesforce and Snowflake.

Barchart · Nov 29, 2023

S&P Futures Climb as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

December S&P 500 futures (ESZ23) are trending up +0.50% this morning as market participants geared up for a slew of U.S. economic data while also awaiting earnings results from notable cloud sector players Salesforce and Snowflake.

The Guardian - UK · Nov 28, 2023

Jeremy Hunt’s debt reduction plan ‘a very big fiscal risk’, says OBR

Treasury’s independent forecaster says uncertain spending plans and higher than expected inflation could scupper cuts

The Conversation · Nov 28, 2023

How a small Caribbean island is trying to become hurricane-proof

When Hurricane Maria struck the eastern Caribbean island of Dominica in 2017, it caused the kind of devastation which is unthinkable to larger countries. The Category 5 hurricane damaged 98% of building roofs and caused US$1.2 billion (£950 million) in damage. Dominica effectively lost 226% of its GDP overnight.

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Latin Times · Nov 27, 2023

These Are the States With Highest Economic Benefit from Clearing Green Card Backlogs

Reducing green card barriers would add $3.9 trillion dollars to the U.S. economy, according to projections from the BPC

Barchart · Nov 26, 2023

GDP, Fed Speakers and Other Can't Miss Items This Week

With it being a short week last week and with a lower volume environment, the market did its usual low volume melt up and the S&P 500 finished the week up over 1%.

The Conversation · Nov 26, 2023

Green growth or degrowth: what is the right way to tackle climate change?

Nearly all the world’s governments and vast numbers of its people are convinced that addressing human-induced climate change is essential if healthy societies are to survive. The two solutions most often proposed go by various names but are widely known as “green growth” and “degrowth”. Can these ideas be reconciled?…

The Hindu · Nov 26, 2023

India's ability to navigate complex diplomatic waters showcases it as potential mediator in global conflicts: Ruchira Kamboj

“India has shown that it is possible to maintain friendly relations with countries having differing ideologies and governance models. This ability to navigate complex diplomatic waters showcases India as a potential mediator in international conflicts,” she said at the conference attended by policy experts, students, economists and academicians.

The Independent UK · Nov 25, 2023

Flagship post-Brexit trade deal worth even less than ministers claimed, official estimates show

The Independent revealed earlier this year government’s predicted 0.08% boost risked being an overestimate

The Guardian - UK · Nov 25, 2023

UK’s flagship post-Brexit trade deal worth even less than previously thought, OBR says

Office for Budget Responsibility says UK entry into the Indo-Pacific agreement will add just 0.04% to GDP in the long run

Al Jazeera · Nov 24, 2023

Indonesia’s presidential hopefuls lay out plans to revive $1.2tn economy

GDP growth slowed to 4.94 percent in the third quarter, compared with 5.72 percent during the same period in 2022.

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