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The Latest Breaking News from GDP

How much money does the US give to Israel, and is there more to come?

Since the Second World War, the US has given more aid to Israel than any other country

The Independent UK

German economy shrinks; UK remortgaging lowest since 1999; window firm Safestyle enters administration – business live

Rolling coverage of the latest economic and financial news, as German GDP shrinks slightly in the third quarter of the year

The Guardian - UK

An unfolding economic tragedy

A sober analysis of GDP growth just before and after COVID points to a medium-term annual GDP growth forecast of 3%-4%

The Hindu

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

Women can make the world better

Women must be given freedom, not just to be promoted within male-dominated institutions, to shape better, family-spirited institutions for governance

The Hindu

Forget about that hot GDP report—small companies are being ‘garroted’ by the ‘7 Fed Horsemen of the Apocalypse,’ top strategist warns

Société Générale’s Albert Edwards believes “greedflation” boosted pandemic profits, but now that’s over, and AI optimism isn’t enough to stave off a collapse.

Fortune

What role do small businesses play in the economy?

Entrepreneurship has increased since the pandemic, accounting for the bulk of job growth.

USAFacts

Meta Sparks a Sharp Sell-off in Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday fell by -1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell by -1.81%. Stocks Thursday were led lower by tech stocks, which...

Barchart

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Dollar Sees Support from Strong U.S. Economic Reports

The dollar index (DXY00 ) Thursday rose by +0.07%. Bullish factors included generally strong U.S. economic news and safe-haven demand with the sharp sell-off in stocks. The dollar was undercut by a sharp -11 bp decline in the 10-year T-note yield and reduced expectations for Fed tightening. U.S. Q3 GDP...

Barchart

Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious

The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.

Fortune

Stocks Plunge Before the Open as Earnings Worries Weigh on Sentiment, U.S. GDP Data and ECB Decision in Focus

December S&P 500 futures (ESZ23) are down -0.50%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.87% this morning as disappointing earnings reports and elevated Treasury yields weighed on sentiment while investors geared up for a flurry of U.S. economic data and more corporate earnings results.

Barchart

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

The Guardian - UK

China's economy: Mystery packed in lies

Everyone knows that China's economic data is much worse than the official numbers. Just how big are the lies?

Salon

Expert favours higher investment in R & D to drive innovation in India

India needs to invest more in R&D to become an innovation powerhouse, said Prof. Rishikesha T. Krishnan, Director of IIMB, at the 82nd CSIR Foundation Day. The Global Innovation Index (GII) 2022 report showed India's R&D expenditure as 0.7% of GDP in 2018, compared to 2.4% in China. India's R&D…

The Hindu

Alibaba (BABA) and NetEase (NTES): Is It Time to Invest in These China Stocks?

China’s faster-than-expected GDP growth in the third quarter and solid consumption and industrial activity last month showed economic recovery gaining traction amid a recent flurry of stimulus measures. So, let’s find out if it is the right time to invest in Chinese stocks Alibaba Group (BABA) and NetEase (NTES). Continue…

StockNews.com

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France 24

China sees economy grow 4.9% in third quarter, beating expectations

China's National Bureau of Statistics has released a new raft of data on the health of the Chinese economy, the world's second largest. Annual GDP growth in the third quarter reached 4.9%, beating analysts' expectations. The authorities' efforts to support growth are bearing fruit, although retail sales remain low and…

The Times of India

Wine-based tourism and international tourist flow can improve Maharashtra's GDP by nearly 20%: Report

MUMBAI: In the economic value of the Indian alcoholic beverage industry Maharashtra has been ranked the fifth state after Tamil Nadu, UP, Telangana and K'taka with Nashik emerging as the ‘Wine Capital of India’.

Zenger

Taylor Swift’s Eras Tour Generates Billions, Boosts Economy

Swift's record-breaking concert series pumps billions into sectors from hospitality to retail, with projected earnings surpassing GDP of smaller countries.

The Guardian - UK

US inflation sticks at 3.7%; UK recession fears linger despite August growth; Ikea to cut prices – as it happened

UK services sector lifts economy back to growth in August, but BoE policymaker Swati Dhingra warns that economy is flatlining

Get all your
news in one place.

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The Guardian - UK

UK economy grew by 0.2% in August – but recession concerns remain

Rise in GDP fuelled by business services amid worries that impact of recent interest rate hikes yet to be felt

Evening Standard

UK economy returns to growth but remains stuck in the slow lane

Britain’s economy returned to growth in August but remains firmly stuck in the slow lane, new official figures reveal today.

The Hindu

‘Modi-nomics’ fails to buck the trend

Statistical considerations apart, right now there are good reasons for looking at a slice of time longer than a few quarters when studying economic growth in India

Newsroom.co.nz

Decoding major parties' economic credentials

There's no real data to suggest the economy is better off under a National or Labour government, writes Andrew Bevin

Fortune

How corporate America is forgoing growth to avoid diversifying its workforce

Closing the racial wealth gap between white and Black Americans, which currently stands at 13 to one, would increase GDP by 5%, or nearly $1.2 trillion.

The Guardian - AU

Australia under more mortgage stress than any other nation, IMF says

Cost of repaying loans is 15% of income and likely to be higher after this year’s rate hikes, as fund predicts GDP growth of 1.2% next year

Barchart

Markets Today: Stocks Slightly Higher on Prospects of Additional China Stimulus

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.05%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.04%. Stock index futures this morning are slightly higher on the prospects for additional Chinese stimulus, which would be favorable for global growth after Bloomberg reported that...

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