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The Latest Breaking News from GDP

Embattled Rachel Reeves gets Budget boost with growth forecast – but Trump tariffs will damage UK economy

Think tank says GDP growth is likely to be 0.2 percentage points lower in the first year of tariffs if implemented by the US president

The Independent UK

NATO allies await US defense secretary's visit, the first by a member of the Trump administration

U.S. Defense Secretary Pete Hegseth will become on Wednesday the first member of the new Trump administration to visit NATO

The Independent UK

UK and allies must increase defence spending to keep US in Nato, says Healey

The Defence Secretary said it was time for the UK and European allies to ‘step up, to do more of the heavy lifting’.

Evening Standard

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Fact-check: Trump’s Super Bowl LIX interview with Fox’s Bret Baier

In his Super Bowl LIX interview, Trump addressed his administration’s economic aims. How accurate were his statements?

Al Jazeera

Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

Evening Standard

Google's $75 billion bet on AI is more than most nation's GDP — but investors aren't impressed

Despite doubling its AI investment, Alphabet's stock takes a hit as DeepSeek's success proves money efficiency is as important as model efficiency.

Laptop

"Make in India has failed," says Rahul Gandhi during Motion of Thanks address

Rahul Gandhi pointed out that the share of production in the GDP (Gross Domestic Product) has decreased from 15.3 per cent in 2014 to 12.6 per cent in 2025. Read further on Dynamite News:

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UK economic growth forecasts downgraded in blow for Reeves

UK GDP is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts

The Independent UK

Fact check: New runways, growth projections and Taylor Swift clip

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

Stocks Close Higher on Strong Earnings and Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.45%. March E-mini S&P futures (ESH25 ) are up by +0.49%, and March E-mini Nasdaq...

Barchart

Dollar Weakens and Gold Rallies as Bond Yields Tumble

The dollar index (DXY00 ) Thursday fell by -0.18%. The dollar is under pressure from falling bond yields as the 10-year T-note yield dropped to a 6-week low Thursday, which weakened the dollar’s interest rate differentials. Also, Thursday’s strength in stocks reduced liquidity demand for the dollar. The dollar also...

Barchart

Crude Prices Supported by Dollar Weakness and Tariff Concerns

March WTI crude oil (CLH25 ) Thursday closed up +0.11 (+0.15%), and March RBOB gasoline (RBH25 ) closed up +0.0058 (+0.28%). Crude and gasoline prices recovered from early losses on Thursday and posted modest gains. Thursday's weaker dollar was supportive of energy prices. Crude also has support on concern that...

Barchart

Crude Prices Higher on Tariff Concerns

March WTI crude oil (CLH25) today is up +0.58 (+0.80%), and March RBOB gasoline (RBH25) is up +0.0162 (+0.79%). Crude and gasoline prices today recovered from early losses and are moderately higher. Today's weaker dollar is supportive of energy prices. Crude also has support on concern that a possible +25%...

Barchart

Stocks Supported by Earnings News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. March E-mini S&P futures (ESH25 ) are up by +0.20%, and March E-mini Nasdaq...

Barchart

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Dollar Slides and Gold Jumps to a Record High as Global Bond Yields Fall

The dollar index (DXY00 ) today is down by -0.30%. The dollar is under pressure from falling bond yields as the 10-year T-note yield dropped to a 6-week low today, which weakened the dollar’s interest rate differentials. Also, today’s strength in stocks has reduced liquidity demand for the dollar. The...

Barchart

Stocks Climb on Solid Tech Earnings Results

The S&P 500 Index ($SPX ) (SPY ) today is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.56%. March E-mini S&P futures (ESH25 ) are up by +0.43%, and March E-mini Nasdaq...

The Guardian - US

US economy continues to grow at robust pace as Trump vows to reduce prices

GDP grew by 2.3% in last quarter of 2024, down from 3.1% rate of growth in previous quarter

Barchart

Nasdaq Futures Gain as Investors Weigh Big Tech Earnings, U.S. GDP Data and Apple Results in Focus

March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies.

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Barchart

Nasdaq Futures Climb as Investors Weigh Big Tech Earnings, U.S. GDP Data and Apple Results in Focus

March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies.

The Guardian - UK

European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies

The Guardian - UK

Look at Labour’s acts of environmental vandalism and ask: did I vote for this?

Our rivers, our wildlife, the air we breathe: the government is sacrificing all to the insatiable god of GDP – and mocking our objections, says Guardian columnist George Monbiot

Evening Standard

Onshore GDP contracted 0.5% in a month, figures show

Deputy First Minister Kate Forbes said she was ‘disappointed’ by the statistics but she added the economy had still grown over the last year.

The Independent UK

What do Rachel Reeves’ plans for growth mean for the economy?

As the Chancellor announces a raft of policies to boost economic growth, PA news agency explains what that means in real terms.

The Independent UK

Minister urged to reveal timeline for increase in defence spending

MPs will have to wait until the spring for a spending plan, according to defence minister Luke Pollard.

The Independent UK

Starmer ‘could resist Trump’s defence spending demands due to public finance woes’

However, claims the 2.5 per cent of GDP target would not be hit by 2030 branded ‘pure speculation’

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