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The Latest Breaking News from GDP

Here's What Would Happen If We Seized All the Wealth From America's 800 Billionaires

Don't comfort yourself with wishful thinking that millionaires and billionaires could take the entire burden of the deficit off our hands.

Reason

Japan confirms Q2 GDP to be 2.2% despite US tariffs, hours after PM resigns

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

Euronews

Trump makes imprecise claims about NATO allies’ defence spending in Nawrocki meeting

In his meeting with the recently-inaugurated Polish president, Trump claimed Poland had been among just two countries hitting NATO’s 2% spending target.

Euronews

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Rapid climate action will come at a cost, according to the Business Council. But experts say the benefits are far larger

This month, the Australian government will release its emissions-reduction target for 2035, likely to be between 65% and 75%. A 70% cut would mean reducing Australia’s emissions from about 440 million tonnes of carbon dioxide equivalent down to 132 million tonnes.

The Conversation

Real household income per capita in Europe: Which countries have the highest increase and decline?

Euronews Business examines how real household income per capita and real GDP per capita changed in the first quarter of 2025.

Euronews

Growth figures, business data to dominate forecasts

Unexpected economic growth will be closely watched for any hints of a cut to interest rates, ahead of key business and consumer confidence numbers

AAP

Cathie Wood Says Inflation Could Fall To 'Zero Or Even Negative' As AI Boom And Trump's Policies Could Push GDP Growth To 7%

On Friday, ARK Invest CEO Cathie Wood said that artificial intelligence and other breakthrough technologies are about to unleash a historic productivity boom that could drive U.S. inflation down to “zero or even negative” levels.

Benzinga

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Political instability in France: What are the potential consequences for the EU?

The possible fall of the government could weaken France on the European stage.

Euronews

OPINION - If Britain won’t invest in itself, why should the rest of the world?

Britain’s GDP grew by just 0.3 per cent between April and June, down from 0.7 per cent the previous quarter. We’re told this is “better than expected”. Really? Is that the best we can do — celebrate mediocrity?

Evening Standard

Defence spending: Which EU countries are on course to hit NATO's 5% of GDP target?

Eastern and central European countries are ramping up investments faster, but the EDA warns that without more EU collaboration, more money alone won't be enough.

Euronews

French national debt under presidents Chirac, Sarkozy, Hollande and Macron: a look at the numbers

French national debt has grown steadily over the last 30 years. It is the sum of all public deficits accumulated since the mid-1970s. To compare the amount of national debt to the government’s financing capacity, it is expressed as a percentage of gross domestic product (GDP) – debt-to-GDP ratio – which…

The Conversation

Political instability in France: How does it impact the economy and investments?

Economic risks are emerging in France while political instability looms, as the third government is in danger of falling in little over a year. Further attempts to tackle the country’s enormous debt could be choked until after the next presidential election in 2027.

Euronews

Czech Republic approves €1.4bn purchase of 44 Leopard tanks from Germany

The move comes just months after the NATO member announced that its military spending would increase to 3% of GDP by the end of the decade.

Euronews

Scott Bessent Says Trump Tariffs Delivering 'Historic Results,' GDP Growth Could Hit 5% — Justin Wolfers Hits Back: 'Ask American Manufacturers'

Treasury Secretary Scott Bessent is doubling down on the potential economic upsides of the tariffs, predicting massive revenue growth for the U.S. Government, alongside a boost to the domestic economy.

Benzinga

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AAP

Consumer boom drives surprise jump in economic growth

Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.

Euronews

The Ozempic effect: From shopping baskets to dips in Danish GDP

As GLP-1 use spreads, grocers and restaurants see lighter baskets, airlines predict fuel savings and health systems eye lower costs—while Denmark sees a clipped GDP.

AAP

Fax machine to AI: urgent call to modernise health care

Health and aged care spending is projected to exceed 10 per cent of Australia's GDP by 2062, risking poorer service quality and burdening young workers.

Fortune

BofA's president of Global Commercial Banking on best practices for securing the legacy of a multigen family business

In the U.S., some 32 million family-owned businesses contribute $7.7 trillion to GDP every year.

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news in one place.

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Benzinga

US Eyes Blockchain GDP Data, Peter Thiel-Backed Exchange Shuns London, Trump Family Token Emerges, Solana Rally Looms — This Week In Crypto

The weekend was a whirlwind of activity in the cryptocurrency world. From predictions of Solana’s potential surge to the historic move of publishing US GDP data on blockchain, the crypto market was abuzz with news.

Benzinga

Powell's Rate Cut Signal, Nvidia's Earnings, US GDP Data On Blockchain, Economic Crisis Signal And More: This Week In Economy

It was a weekend filled with significant developments in the world of finance and technology. From the Federal Reserve’s potential rate cut to Nvidia’s earnings, here’s a quick rundown of the top stories that you might have missed.

AAP

Nation's economic pulse check dominates data-heavy week

Australia's weak private sector could dampen the nation's economic recovery and cause GDP growth to undershoot the Reserve Bank's forecasts.

Kiplinger

What is AI Worth to the Economy?

Spending on AI is already boosting GDP, but will the massive outlays being poured into the technology deliver faster economic growth in the long run?

Benzinga

Novo Nordisk Slowdown Weighs On Denmark's Economic Outlook

Weaker prospects for pharmaceutical giant Novo Nordisk A/S (NYSE:NVS) have prompted Denmark's economic ministry to cut its 2025 GDP forecast, now expecting just 1.4% growth, down 1.5 percentage points from May's projection.

The Conversation

Senegal’s rating downgrade: credit agencies are punishing countries that don’t check their numbers

Senegal’s dramatic two-notch credit rating downgrade in February 2025 by the credit rating agency Moody’s was followed by a Standard & Poor’s downgrade in July.

Benzinga

Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' — Thanks Trump, Lutnick For Leadership

Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms.

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