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The Latest Breaking News from GDP

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

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.

AAP

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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.

Euronews

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.

AAP

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.

Fortune

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

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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.

Benzinga

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.

AAP

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?

Kiplinger

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.

Benzinga

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.

The Conversation

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.

Benzinga

Bitcoin Flat As US GDP Rebounds In Q2; Ethereum, XRP, Dogecoin Slide: Analyst Says 'Keep An Eye Out' For This ETH Level To Confirm 'Real Breakout'

Bitcoin consolidated on Thursday, while major altcoins fell, despite the U.S. economy posting stronger-than-expected results in the second quarter.

Benzinga

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Benzinga

Chainlink To Deliver US Commerce Department Economic Data On-Chain For Smart Contract Use

Chainlink (CRYPTO: LINK) on Friday announced a collaboration with the U.S. Department of Commerce to deliver official macroeconomic data from the Bureau of Economic Analysis (BEA) directly on-chain, enabling smart contracts and decentralized applications to integrate trusted government statistics such as GDP and inflation data.

The Free Financial Advisor

Could Rich vs. Poor Spending Habits Predict the Next Recession

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…

Benzinga

US Economy Roars Back With 3.3% Growth, Shrugging Off Trump Tariffs

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.

Euronews

European NATO allies set to collectively reach 2% spending target for first time

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.

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Barchart

Stocks Muted Before the Open as Investors Digest Nvidia’s Stumble, U.S. GDP Data in Focus

September S&P 500 E-Mini futures (ESU25) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.06% this morning, pointing to a muted open on Wall Street as investors digest Nvidia’s underwhelming earnings report.

International Business Times

NATO Says All Countries To Finally Hit 2-percent Spending Goal

NATO on Thursday said all its members were finally set this year to hit the alliance's previous defence spending target of two percent of GDP -- as they gear up for a far more ambitious goal.

The Guardian - UK

France on the brink: how a budget deficit became a political crisis

With the government facing defeat in a confidence vote, the nation’s economic problems will still need to tackled

Evening Standard

Forbes says GDP figures ‘encouraging’, despite slower growth than UK overall

Scotland’s economy grew by 0.2% in the second quarter of the year – below the 0.3% rise seen across the UK as a whole.

Benzinga

Commerce Secretary Lutnick: US GDP Statistics To Be Published On Blockchain

U.S. Commerce Secretary Howard Lutnick on Tuesday said the Department of Commerce will begin publishing its statistics on the blockchain, including gross domestic product (GDP).

Benzinga

US-India Resume Trade, Defense Talks As 50% Trump Tariffs Take Effect, Threatening Billions In India's GDP

U.S.-India held a virtual 2+2 Intersessional Dialogue on Monday, discussing a wide range of topics and exploring ways to enhance cooperation, as Trump’s 50% tariffs take effect on Wednesday.

Euronews

Tax revenue as a share of GDP in Europe: Which countries collect the most?

Euronews Business takes a closer look at how much tax European countries collect and what share of their national outputs it represents. Among the top five economies, France records the highest ratio, while the UK has the lowest.

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