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The Latest Breaking News from GDP

The dollar index (DXY00 ) today is up slightly by +0.05%. Higher T-note yields today are supportive of the dollar as the 10-year T-note yield rose to a 1.5-week high at 4.11%. Also, today’s action by the OECD to boost its US 2025 GDP forecast was supportive for the dollar....

Barchart

Why Rachel Reeves chose a ‘smorgasbord’ of tax tweaks – and the risks involved in that approach

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.

The Conversation

Slight rise tipped for September GDP figures

Economic growth and household spending data will be released to form the final picture for the Reserve Bank before its last meeting for 2025.

AAP

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The Poorest Country In The World And 14 Others Facing Dire Hardship

The Poorest Country In The World And 14 Others Facing Dire Hardship. Explore the 2025 list of the poorest nations by GDP and GDP per capita. What factors impact their economy?

Bored Panda

Which EU countries have the biggest gender gap when it comes to investment?

Greater participation by women in the investment landscape could boost EU GDP by €600 billion by 2040.

Euronews

Trump plunges head into sand, cancels GDP, inflation and job reports, pretends everything’s just peachy

Bad news? Why not just ignore it and hope it goes away?

We Got This Covered

How climate change is growing into one of the biggest threats to Spain’s ‘resilient’ economy

Despite steady GDP growth, a new report warns Spain is among the European countries most 'exposed' to climate change.

Euronews

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Tax, spending and investment: Where the Budget ranks in history

The Government has committed to the longest sustained period of high spending since the Second World War.

The Independent UK

Eight EU countries face warning from the Commission over budget spending

Eight member states, including Spain, Hungary and the Netherlands, could face a formal reprimand from the European Commission in June if they do not take further action to stay within the EU’s public spending rules.

Euronews

Rebuilding ‘human-made abyss’ in Gaza will cost at least $70bn, UN says

Report says Israel’s operations ‘significantly undermined every pillar of survival’ and reduced the economy by 87%

The Guardian - UK

US Commerce Department Pushes Q3 GDP Estimate To Just Before Christmas, Stirring Political Jabs

The U.S. Department of Commerce has delayed the release of the initial third-quarter gross domestic product (GDP) estimate to just before Christmas, as federal agencies race to clear a backlog of critical economic reports created by the recent government shutdown.

Benzinga

S&P Futures Tick Lower With Focus on U.S. Retail Sales and PPI Data

December S&P 500 E-Mini futures (ESZ25) are trending down -0.12% this morning as investors brace for a flood of U.S. economic data, with particular attention on the retail sales report and producer inflation figures, to assess whether optimism about a potential Federal Reserve rate cut in December can hold up.

Barchart

The three spectres hanging over Rachel Reeves’ make-or-break budget

As the UK prepares for the budget announcement, familiar debates are taking shape. Should Chancellor Rachel Reeves cut welfare spending? Or reform the “triple lock” on state pensions?

The Conversation

US Economy Set To Grow In 2026 — But A New Survey Warns Of Weak Jobs, Sticky Inflation And Hidden Risks Ahead

The U.S. economy is projected to grow modestly in 2026, though job creation is expected to stay weak, according to a new NABE survey.

Benzinga

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Benzinga

Howard Lutnick Says Trump Could Deliver '6% GDP Growth,' Touts $3 Trillion A Year Investments: 'Factories Are Coming Home...'

Commerce Secretary Howard Lutnick said the U.S. economy is positioned for rapid expansion under President Donald Trump, citing a historic wave of manufacturing construction and tariff-driven capital investment that he argued will reshape the country's economic trajectory.

Barchart

GDP, Retail Sales and Other Can't Miss Items this Week

Markets enter a shortened Thanksgiving week following significant losses that saw major indexes break below key technical support levels despite strong Nvidia earnings.

The Guardian - AU

Climate of fear: are CSIRO’s sweeping job cuts a sign Australia doesn’t care about the extinction crisis?

Ever decreasing funding for the globally respected government agency mirrors an industry-wide trend that could hinder scientific breakthroughs

GamesRadar

Half-Life 3 "would register on a GDP level" as a Steam Machine launch title, but "Valve doesn't need a Half-Life-sized spectacle to sell hardware," analyst says

Analysts tell us Steam Machine exclusives are very unlikely, but that's not to say that Half-Life 3 wouldn't be a hit

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Axios

What to expect if this economic cycle mirrors 2001

CEOs were predicting huge productivity gains from new technologies in 2000, too.

We Got This Covered

Donald Trump practically kisses the Saudi Crown Prince’s feet while shrugging off Khashoggi’s murder. Calls the journalist ‘extremely controversial’

Trump claims Saudi Arabia is planning to invest 80% of its GDP in the US.

Fortune

Navy Secretary warns workers can make more at Amazon instead of building America’s warships: ‘It's hard to get that person to want to do that job’

The industry contributes $37.3 billion to GDP, but has been outshined by China in recent years.

Benzinga

BRICS Outpaces G7, The Undeniable Economic Rebalancing

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

Barchart

Dollar Sees Support from Positive Empire Report and Reduced Fed Rate-Cut Expectations

The dollar index (DXY00 ) today is up by +0.25%. The dollar is climbing on today’s news that the Nov Empire manufacturing general business conditions survey unexpectedly rose to a 1-year high. The dollar also has carryover support from last week when a parade of Fed presidents said they favored...

Euronews

Social benefits: Which EU countries spend the most?

With pensions, social housing, unemployment benefits, medical care, and disability support, Europe has among the best social protections in the world. But which EU countries are the most generous when it comes to public spending?

Euronews

Japan's economy contracts as exports are hit by President Trump's tariffs

On a quarter-on-quarter basis, GDP in the three months to September contracted for the first time in six quarters, a challenge for new Prime Minister Sanae Takaichi.

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