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The Latest Breaking News from GDP

Multi hazard vulnerability map for coastline under preparation, says Secretary of MoES

Government of India working on multi hazard vulnerability map for coastline to improve marine sector contribution to GDP.

The Hindu

Stocks Decline Ahead of Thursday’s Key Inflation Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Barchart

Dollar Climbs on Weakness in Stocks

The dollar index (DXY00 ) this morning is up by +0.18% at a 1-week high. Weakness in stocks today has boosted liquidity demand for the dollar. Today’s revised U.S. Q4 GDP report was mixed for the dollar after Q4 GDP was revised lower, but Q4 personal consumption and the Q4...

Barchart

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US Economy Grew 3.2% In Q4, Inflation Eases

Learn about the U.S. economy's 3.2% growth in Q4 2023 driven by consumer spending and moderated inflation. Analysts expect further Fed rate cuts to support...

Top News

Brian Riedl: Who Bankrupted Us More—Trump or Biden?

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

Reason

Stocks Fall Back Ahead of Thursday’s PCE Deflator Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...

Barchart

Dow Jones Slides 200 Points On Surprise GDP Data; Cathie Wood Sells More Nvidia Stock

Stock Market Today: The Dow Jones dropped Wednesday morning on surprise GDP data. Cathie Wood sold more Nvidia stock Tuesday.

Investors Business Daily

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The Chancellor will be economical with the truth in the Budget

City Voices: Tough choices await after the election

Evening Standard

S&P Futures Tick Lower as Investors Await Key U.S. GDP Data and Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.27% this morning as market participants looked ahead to a new round of U.S. economic data, comments from Fed officials, and earnings reports from notable cloud sector players Salesforce and Snowflake.

Barchart

S&P Futures Slip as Investors Await Key U.S. GDP Data and Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.37% this morning as market participants looked ahead to a new round of U.S. economic data, comments from Fed officials, and earnings reports from notable cloud sector players Salesforce and Snowflake.

Barchart

Why sustainable funding matters for India’s ‘science power’ ambition | Explained

The National Science Day theme for 2024, "Science for Sustainable Development", also highlights India's need to increase its R&D funding if it is to become a developed nation by 2047.

The Hindu

Earnings, GDP and Other Can't Miss Items This Week

Last week was a wild week in the markets with the S&P 500 ($SPX) (SPY) closing up over 1%.

Barchart

With food spends down in the country, growth may get leg-up

As per the HCES findings for 2022-23, rural spending on food and beverages has dropped to 46.4% from 52.9% in 2011-12

The Hindu

Changing the growth paradigm

Rather than trying to catch up with rich countries on their historical development paths, India should take advantage of its present realities.

The Hindu

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Top News

Small Business Optimism Index Drops Despite Strong GDP Growth

Small business optimism declines in the U.S. despite strong GDP growth, hindered by hiring challenges and workforce development issues.

The Guardian - US

Weight-loss drug use could boost GDP in US by 1%, says Goldman Sachs

Some analysts predict market could reach $100bn a year by end of decade with Eli Lilly and Ozempic maker Novo Nordisk leading

Evening Standard

Public finances in record surplus in January as debt interest costs plummet

Public sector collected £16.7 billion more in tax than it spent during the month, ONS figures show

International Business Times UK

What Does UK Entering Recession After Steeper-Than-Expected Fall In GDP Mean For Brits

While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.

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StockNews.com

Top 3 China Picks for Future Weekly Gains

The Chinese economy, showcasing remarkable resilience as evidenced by the better-than-expected GDP data for 2023, is anticipated to thrive in the future owing to stimulus measures implemented by Chinese authorities designed to bolster investor confidence. Given this backdrop, quality Chinese stocks China Automotive Systems (CAAS), LexinFintech Holdings (LX), and NetEase…

France 24

With Gaza war, Israel sees steepest drop in GDP since Covid era

Israel's GDP fell by 19.4 percent in the last quarter of 2023, according to preliminary figures published by the country's Central Bureau of Statistics on Monday. It's the biggest contraction the economy has seen since the early days of the Covid pandemic, and can be attributed to the impact of…

The Guardian - UK

Labour must act to save the environment – here’s my three-point plan

Carbon budgets that add up, proper protection for Britain’s land and sea, and replacing GDP with a wellbeing index. What Guardian columnist George Monbiot wants for Labour’s manifesto

The Hindu

Legal guarantee for MSP will make farmers drivers of GDP growth: Rahul Gandhi

Bharat Jodo Nyay Yatra: Rahul Gandhi advocates for legal MSP guarantee to empower Indian farmers and boost GDP growth, dismissing budget concerns.

Top News

Gaza War Causes 19.4% Israeli Economy Drop in Q4

The Israeli economy experienced a significant 19.4% decline in GDP in Q4 amid the Gaza war, highlighting the impact of conflict on economic performance.

Radio France Internationale

Slower economic growth means France must cut €10bn in public spending

French Finance Minister Bruno Le Maire has announced €10 billion of spending cuts across all government departments and agencies to make up for a drop in the 2024 GDP growth forecast to 1 percent, from 1.4 percent.

Al Jazeera

Year of the Dragon: China faces critical moment in push to revive economy

Analysts say Beijing needs to roll out measures to stimulate greater domestic consumption amid slowing growth.

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