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The Latest Breaking News from GDP

US Economy Grows At Sluggish 1.3% Rate In Q1

Explore the impact of slow GDP growth, high inflation, and uncertain future projections on the U.S. economy in Q1 2022.

Top News

Fresh Economic Data Raises Questions About Fed Rate Cuts

The U.S. economy received some mixed news from fresh data released Thursday, including slight changes in inflation rates, jobless claims and gross domestic product (GDP).

International Business Times

Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from…

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Don't blame central bankers — economic predictions are hard

City Voices: Independent central banks remain key to economic stability

Evening Standard

Bank fined after trader makes $444 billion 'fat finger' error

The error, worth more than the GDP of Denmark, was partially blocked by Citigroup, but almost $200 billion worth of shares were still sent to a trading algorithm

Evening Standard

The Scottish Government can't grow the economy within this Westminster system

This week, I address the lack of economic levers available to the Scottish Government as it seeks economic growth.

The National (Scotland)

A drop in global GDP would be good for the planet

Letter: A reduction in the consumption of carbon-intensive products and services is not something to complain about, writes Terry Cannon

The Guardian - UK

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OPINION - An improving economy won't save the Tories

It doesn't seem fair. When the economy is tanking, the government gets the blame. When it recovers, voters tend to give short shrift. Just ask John Major, who couldn't even convince one in three Britons to support the Conservatives in 1997 despite overseeing 22 consecutive quarters of GDP growth and…

Evening Standard

GDP growth likely to be 6.7 pc in Q4; 7 pc in FY24: Ind-RA

India Ratings and Research expects the country's GDP growth rate for the March quarter at 6.7 per cent and around 6.9-7 per cent for the 2023-24 fiscal. Read further on Dynamite News:

Dynamite News

Economic damage from climate change six times worse than thought – report

A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

The Guardian - US

Brazil Raises 2024 GDP Forecast, Expects Higher Inflation

Brazil's government raises GDP forecast for 2024, but also predicts higher inflation and terminal rate, emphasizing the need for prudent economic management.

Top News

Dollar Ends Higher and Gold Falls on Hawkish Fed Comments

The dollar index (DXY00 ) on Thursday recovered from an early 5-week low and finished up +0.12%. The dollar found support Thursday from higher T-note yields. Also, comments from Cleveland Fed President Mester and Richmond Fed President Barkin, who said interest rates should stay higher for longer, were bullish for...

Barchart

Dollar Firms on Higher US T-Note Yields

The dollar index (DXY00 ) dollar today recovered from an early 5-week low and is up +0.25%. The dollar is seeing support from a rebound in T-note yields. Today’s US economic reports were mixed for the dollar. The dollar was undercut by dovish comments from New York Fed President Williams,...

Barchart

Dow Jones Industrial Average hits 40,000 points for first time; UK reality TV stars charged over FX scheme – as it happened

Strong quarterly results and hope of interest rate cuts drive DJIA to new alltime high

The Guardian - UK

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Top News

South Korea's GDP And Inflation Forecasts Raised By Think Tank

Korea Development Institute raises GDP and inflation forecasts, signaling economic growth and resilience in South Korea.

International Business Times

Japan Economy Suffers Worse-than-expected Contraction Of 0.5%

Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.

Reason

The YIMBY Napkin

Checking the credibility of Hsieh-Moretti the lazy way. Third in a series of guest-blogging posts.

Evening Standard

Jeremy Hunt hails wage rises outstripping inflation for 10th month in a row as economy bounces back

Official figures on the ‘wages recovery’ come just days after GDP growth jumped 0.6% in first three months of the year

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Reason

Brace for Big Tax Hikes in 2026 Unless Congress Acts

The Tax Cuts and Jobs Act expires at the end of 2025, with a high price tag for most Americans.

Evening Standard

'Finally a good news story for the UK' as GDP grows at fastest pace in more than two years

The City was basking in a rare glow of “genuinely strong” economic news today

Barchart

Stock Index Futures Climb as Fed Rate Cut Hopes Grow, Fed Speak and ECB Minutes in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.44% this morning after three major U.S. benchmark indices ended the regular session in the green as higher-than-expected applications for U.S. unemployment benefits bolstered the case for rate cuts, with investors looking…

The Guardian - UK

Latest GDP figures offer some better news – but boom-boom Britain it ain’t

While the government will seize on any crumbs of comfort it can find, the bigger picture on growth tells a different story

Top News

UK Exits Recession With 0.6% GDP Growth

UK emerges from recession with 0.6% GDP growth, exceeding expectations and signaling potential economic recovery.

Evening Standard

FTSE 100 Live 10 May: UK exits recession as GDP grows faster than thought, index at another record

A forecast and recession beating GDP figure of 0.6% today showed the UK’s strongest expansion in over two years.

Evening Standard

Britain's recession is officially over as economy grows faster than expected in first quarter

GDP was 0.4% higher in March and up 0.6% in the first quarter as a whole

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