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The Latest Breaking News from GDP

Nvidia CEO Jensen Huang Says ‘65% Of The World's GDP’ or ‘$50 Trillion’ Will Be ‘Augmented’ By AI Just Like How ‘Motors Replaced Labor’

Nvidia CEO Jensen Huang envisions AI as the next great productivity engine, augmenting human intelligence much like motors replaced labor.

Barchart

Chancellor facing further Budget challenges after muted economic growth

The ONS said GDP rose by 0.1% in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

Evening Standard

UK economy sees weaker-than-expected growth in August after July contraction

The ONS said GDP rose by 0.1% month-on-month in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

Evening Standard

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FTSE 100 Live 16 October: Premier Inn owner Whitbread falters on results, UK economy struggles

The UK economy remains in the slow lane after figures today showed August GDP advanced by just 0.1%.

Evening Standard

UK stuck in slow lane ahead of Budget with 'meagre' 0.1% GDP growth in August

Latest GDP figures just over come a month ahead of Autumn Budget

Evening Standard

IMF chief reveals worries about private credit market keep her awake at night – as it happened

International Monetary Fund managing director Kristalina Georgieva urges more attention to the non-bank financial institutions, as the world may have “a foot out in the cold”

The Guardian - UK

The next big corporate risk isn’t AI—it’s antitrust

And it’s being driven by the erosion of the middle class.

Fortune

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Global government debt on course to hit 100% of GDP by 2029, IMF warns

Ratio would be highest since aftermath of second world war, with UK among G20 countries forecast to peak above

The Guardian - UK

World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF

UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact

The Guardian - UK

Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...'

Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said artificial intelligence could become a much larger part of the global GDP, at a time when AI-related investments are ramping up across industries.

Benzinga

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

Fortune

Albanese urged to ‘secure the future of science’ as CSIRO reckons with ongoing decline in funding

CEO Doug Hilton says the agency’s budget allocation ‘has not kept up with the cost of doing science’

The Guardian - AU

From boom to slowdown: Central and Eastern Europe faces strain

Economists at the Warsaw School of Economics examined the fate of the 11 Central and Eastern European countries that joined the European Union after 2004. The analysis shows that each of these countries made exemplary use of accession, but that prospects for the next decade are much less optimistic.

Euronews

Trump suggests Spain should be 'thrown out' of NATO over defence expenditure disagreements

The US president’s clash with Spain began in June ahead of the NATO summit, where just days before leaders convened in The Hague, Spain announced that it would not comply with Trump’s demands of raising defence spending to 5% of GDP.

Euronews

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Fortune

Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says

Moody’s chief economist, Mark Zandi, tells Fortune parts of America are already in recession, with 22 states contracting despite strong national GDP growth.

International Business Times UK

Dimon's Dread: JPMorgan Boss Warns of 2026 Recession Despite GDP Surge

JPMorgan CEO Jamie Dimon warns of a possible 2026 recession, challenging Wall Street's optimism despite strong US GDP growth and low unemployment. His remarks spotlight inflation, geopolitics, and fiscal instability as potential triggers.

Benzinga

Jamie Dimon Issues Fresh Recession Warning For 2026, Says Inflation May Be Stubborn: 'Little More Nervous About...'

JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon has still not ruled out a possible recession in 2026, even though U.S. GDP is tracking upwards right now.

Fortune

Jamie Dimon isn’t so sure the U.S. will avoid a recession next year—even if Wall Street is convinced otherwise

JPMorgan CEO Jamie Dimon says a U.S. recession could hit in 2026, a warning to markets not to get complacent despite strong GDP growth and AI optimism.

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Fortune

‘Big Short’ investor Steve Eisman warns the U.S. economy is a ‘tale of two cities’ that ‘is not even growing 50 basis points outside of AI’

Eisman said if you erase AI infrastructure spending from projected U.S. GDP growth for 2025, the economic picture exposes a struggling consumer.

Euronews

Costa Rica prioritises Indo-Pacific trade over EU-Mercosur, says trade minister

Costa Rica sees the Indo-Pacific area as a priority over other regional trade deals, such as EU-Mercosur. An Indo-Pacific trade group, the CPTPP, could become the largest trading bloc in terms of GDP if new members — such as the EU — join.

Fortune

Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says

Is a U.S. without data centers a country without GDP growth?

Fortune

America is ‘flirting with recession’ if tech investment slows, according to new modeling—but bubble risk is still smaller than dotcom era

Oxford Economics warns U.S. growth could stall if tech investment cools, with global GDP also at risk if AI enthusiasm shows signs of waning.

The Conversation

Nicola Willis is right: NZ’s economy isn’t as bad as the ‘merchants of misery’ claim

Finance Minister Nicola Willis has called them the “merchants of misery”, but critics of her government’s economic performance doubled down when the June quarter GDP figures showed a contraction in many sectors.

Euronews

Magnificent Seven surpass EU GDP: Is this a tech bubble warning?

The combined market value of the US 'Magnificent Seven' tech giants has surpassed the EU’s GDP, raising concerns of a tech bubble. While valuations are high, comparisons to the dot-com era suggest this may be a structural shift.

Benzinga

'Elon Is Smart And Ahead Of The Curve,' Says Mark Cuban, But Still Doesn't Think Humanoid Robots Are The Future

Tesla (NASDAQ:TSLA) CEO Elon Musk claimed in May that humanoid robots will begin impacting GDP in just four to five years. But while billionaire Mark Cuban agrees Musk is forward-thinking when it comes to video-based robotics, he isn't sold on humanoid robots being the game-changer everyone thinks they'll be.

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