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The Latest Breaking News from GDP

'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.

Benzinga

A Multipolar Financial World Might Be What We Needed All Along

When the global financial order was designed in the 1940s, the West, primarily the U.S., Canada, and Europe, represented about 35% of the world's population and almost 70% of its GDP.

International Business Times

Dollar Falls as US Government Remains Shutdown

The dollar index (DXY00 ) on Friday fell by -0.12%. The ongoing shutdown of the US government weighed on the dollar as the shutdown entered its third day on Friday. The longer the shutdown is maintained, the more likely the US economy will suffer, and GDP growth will stagnate, a...

Barchart

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Dollar Pressured by US Government Shutdown and Weak Services News

The dollar index (DXY00 ) today is down by -0.19%. The ongoing shutdown of the US government is bearish for the dollar as the shutdown enters its third day today. The longer the shutdown is maintained, the more likely the US economy will suffer, and GDP growth will stagnate. The...

Barchart

Here's why the US shutdown may prove more painful than past crises

Government shutdowns aren't uncommon in the US, but this one could be more damaging that prior crises. President Trump is threatening permanent job cuts at a time when the labour market is already weak.

Euronews

Government shutdown could cost US economy billions of dollars a week, analysts say

According to one report, each week of shutdown could cost up to $7bn, with another suggesting a $15bn loss in GDP

The Guardian - US

Treasury Secretary Bessent Warns: Government Shutdown Could Hit US GDP — Markets on Edge

US Treasury Secretary Scott Bessent has warned that the government shutdown could slash economic growth, unsettle markets, and disrupt millions of workers as political gridlock deepens in Washington.

International Business Times UK

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Federal shutdowns usually don't do much economic damage. There are reasons to worry about this one

Shutdowns of the federal government usually don’t leave much economic damage

The Independent UK

Elon Musk's Wealth Now Dwarfs The GDP Of 83% Of Countries

Elon Musk just made history. The Tesla Inc (NASDAQ:TSLA) and SpaceX visionary officially became the first person to surpass $500 billion in net worth, a figure so enormous it exceeds the GDP of roughly 83% of the world's nations. Only about 28–32 countries boast economies larger than Musk's fortune, which…

Benzinga

Trump Administration Warns Of $15 Billion Weekly GDP Loss, Over 43,000 Job Cuts If Shutdown Persists: Report

The Trump administration has reportedly warned the shutdown could cut billions from weekly GDP and leave 43,000 more people jobless if it lasts a month.

Benzinga

How Much Will U.S. GDP Ultimately Grow in Q3?

Traders on the prediction market platform Kalshi predict a 3.3% increase in U.S. GDP for the third quarter of 2025. Here’s what that would mean for the stock market.

Barchart

The RBA seems unlikely to do another rate cut – meaning they’re betting the economy is better than the data says

Michele Bullock doesn’t think our current cash rate is ‘very restrictive’. Do the figures back her up?

The Guardian - AU

UK Economic Growth Stalls at 0.3% — Tough Choices Loom for November Budget

UK GDP grew just 0.3% in Q2 2025, raising pressure on Chancellor Reeves ahead of the November Budget as tough tax and spending choices loom.

International Business Times UK

The 'Warren Buffett Indicator' has surged above 200%, meaning the market's price is far ahead of the economy's size

Buffett has likened investing in this environment to "playing with fire."

Fortune

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Benzinga

Top Economist Warns Recession Risks Remain 'Uncomfortably High' Despite Receding As Market Valuation Nears 'Y2K Bubble' Peak

Despite an encouraging upward revision of the U.S. economic growth during its third estimate release, a prominent economist is cautioning that significant risks persist, with stock market valuations reaching levels not seen since the dot-com era.

Fortune

Wall Street will be ruled by ‘rumor and pseudo-drama’ if government shutdown goes ahead, warns UBS

Wall Street braces for a U.S. government shutdown as payroll data stalls, leaving the Fed and investors flying blind on key economic signals.

The Guardian - UK

Jobs to go at Lincolnshire oil refinery; UK economy grew faster than thought under Labour – as it happened

Insolvency firm running Lindsey oil refinery announces job losses after collapse of parent company Prax Group

The Independent UK

Business news live: UK economy grew 0.3% in second quarter but production in damaging decline

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

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Evening Standard

FTSE 100 Live 30 September: Royal Mail strikes PayPoint deal, ASOS shares drop

A slowdown in the pace of the UK economy was today confirmed in updated figures for the second quarter.

Barchart

Is the US Economy in Recession? 1 Overlooked Recession Indicator That's Flashing Red Right Now

Heavy truck sales don’t get nearly as much headline coverage as Fed decisions, but history shows it’s a recession indicator worth watching for investors.

Fortune

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.

Euronews

Revenues from corporate income tax in Europe: Which countries collect the most?

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

Benzinga

Economic Growth Picks Up, But Inflation Still Pressures The Fed: This Week In Markets

The U.S. economy closed the second quarter with a final GDP growth rate of 3.8% — its strongest performance since the third quarter of 2023 and above the long-term average pace.

Evening Standard

FTSE 100 Live 26 September: Big upgrade for hotels giant, index on front foot

The outlook for lower US interest rates is in the spotlight after yesterday’s big upgrade to GDP figures.

Barchart

Strong US Economic Reports Support the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

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