The Latest Breaking News from GDP

Economic downturns often seem to catch everyday people off guard, but some warning signs might be hiding in plain sight. One area worth exploring is how the spending habits of the rich and the poor could predict the next recession. By looking at what, how, and when different groups spend…

The U.S. economy returned to form in the second quarter, growing at a 3.3% annualized pace —a sharp turnaround from the sluggish first quarter, which saw a 0.5% contraction as businesses scrambled to navigate the return of tariffs under President Donald Trump.

The Nasdaq leads upside with a moderate gain while the S&P 500 hits an all-time high. Nvidia trims losses bullishly; Pure Storage executes a breakaway gap.

The 2% of GDP guideline was instituted in 2014, but allies have recently pledged to up the target for core defence spending to 3.5% of GDP.