The Latest Breaking News from GDP

Right now the government is choosing to deliver $50bn a year to the richest 10% of Australians for no discernible benefit to the nation

China’s strategic initiatives to bolster its industries are crafting a resilient economic narrative. The nation’s GDP reflects good growth, driven by focused policies and innovation. Amid this dynamic environment, Ping An Insurance (PNGAY), Alibaba Group (BABA), and Tencent Holdings (TCEHY) could emerge as wise investments for the year ahead. Read…

Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty

Mass deportations could lead to a 7.4 percent drop in the GDP, meaning ‘the U.S. economy would not grow at all’ during President Trump’s second term, the report says

Just hours before the start of a key European defence summit, Estonia’s defence minister issued a stark warning that spending 2 per cent of GDP on defence is simply not enough

The market continues to navigate the final trading weeks of 2024, with investors closely watching economic indicators and the Fed's potential signals about monetary policy.

In a dramatic intervention, Richard Shirreff says Britain must ‘fight a second cold war to avoid a third world war’

The report estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028.

THE UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new…

Most economists had been expecting GDP to rise during October but it shrunk 0.1% for the second month running

Rachel Reeves admits that the fall in output in the same month as the Budget is “disappointing”