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The Latest Breaking News from GDP

Dollar Falls to 3-1/4 Year Low as President Trump Looks to Fast-Track His Pick for New Fed Chair

The dollar index (DXY00 ) on Thursday fell by -0.54%, reaching a 3-1/4 year low. The dollar retreated following a Wall Street Journal report that said President Trump is considering accelerating the announcement of the next Fed Chair. The dollar remained lower on Thursday’s US economic news of a downward...

Barchart

Trump tariffs: US economy saw stark drop in GDP growth as businesses rushed to secure imports

Revised data shows economy shrank more than previously thought as president’s global trade war loomed and consumer spending softened

The Independent UK

Stocks Supported by Lower Bond Yields and Speculation of Earlier Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.58%. September E-mini S&P futures (ESU25 ) are up +0.55%, and September E-mini Nasdaq futures...

Barchart

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Dollar Falls as President Trump Looks to Fast-Track His Pick for New Fed Chair

The dollar index (DXY00 ) today is down by -0.49% at a 3-1/4 year low. The dollar retreated today following a Wall Street Journal report that said President Trump is considering accelerating when he will announce the next Fed Chair. The dollar remained lower after today’s US economic news of...

Barchart

Tech Boom Powers US Stock Futures Ahead Of GDP Update

Nvidia hit a new all-time high, briefly becoming the world's most valuable company with a market capitalization of approximately $3.77 trillion.

International Business Times

Stocks See Support on Strength in Chip Stocks and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. September E-mini S&P futures (ESU25 ) are up +0.25%, and September E-mini Nasdaq futures...

Barchart

U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate

The Independent UK

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Stock Market Today: Dow, Nasdaq Finish Near Session Highs As Shake Shack Tests New Entry; Nova, Nvidia Jump (Live Coverage)

The Dow Jones index rose on the stock market today amid surprise GDP data and jobless claims. Nvidia rallied to more record highs Thursday.

Investors Business Daily

NATO's New 5% Target For Defense A Win for Trump; Carney Turns To Critical Minerals

NATO's 32 member states agreed to increase defense spending to 5% of GDP by 2035, representing a significant increase from the long-standing 2% benchmark.

Benzinga

Stocks Climb Before the Open as Trump Fuels Bets on Faster Fed Rate Cuts, U.S. GDP Data in Focus

September S&P 500 E-Mini futures (ESU25) are up +0.33%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.41% this morning amid speculation that U.S. interest rate cuts could arrive earlier than expected, following a report that U.S. President Donald Trump may nominate the next Federal Reserve chair early.

Barchart

Trump news at a glance: ‘Daddy’ Trump showered with praise on triumphant lap through Nato summit

Trump celebrated commitment by Nato allies to boost defence spending to 5% of GDP. Key US politics stories from Wednesday 25 June 2025

The Guardian - US

Australia sticks to guns on defence as allies shell out

Australia is doubling down in resisting US pressure for its allies to lift defence spending, as retaliation is promised for nations refusing to comply.

AAP

NATO countries’ budgets compared: Defence vs healthcare and education

The decision by NATO members on Wednesday to spend five percent of their GDP on defence could shift budget priorities.

Al Jazeera

NATO commits to major defence spending hike sought by Trump

The bloc agrees to boost spending to 5% of GDP, but Spain, Belgium and Slovakia say they will struggle to meet target.

Al Jazeera

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Euronews

Defence spend to 5% of GDP, Ukraine, Russia: The key takeaways from the NATO summit

The summit ended with a commitment to spend 5% of GDP on defence - more than double the current target of 2%.

Radio France Internationale

NATO backs defence hike as Trump claims victory, but doubts linger

NATO leaders meeting in The Hague on Wednesday agreed to raise defence spending to 5 percent of GDP and reaffirmed their mutual defence pledge – steps Donald Trump hailed as a “monumental win” for the US, which he says has carried an unfair share of the burden. But while all…

The Independent UK

NATO boss praises ‘Dear Donald’ for pushing alliance to boost defense spending: ‘You made this change possible’

Secretary General Mark Rutte credits Trump with pushing for ‘concrete plan’ to have member nations spend at least five percent of GDP on defense

Euronews

NATO's 1.5%: Is this the devil in the detail that could derail the new spending deal?

The new NATO spending target has a 1.5% for non-military expenses. Its interpretation however is vague and could spark "opportunistic" divisions.

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news in one place.

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Fortune

NATO leaders want to appease Trump, but spending billions more on the defense alliance ‘would be just crazy for Europeans,’ foreign policy expert says

The spending target the military alliance just agreed on is unlikely to be met by all countries, but experts say some members are moving to bolster their defenses in case of a future Russia conflict.

Evening Standard

Starmer: No tax rises on working people to reach 5% defence spending pledge

He said the current commitment to get defence spending up to 2.5% of GDP was coming from cuts to overseas development aid.

The Guardian - UK

Europe’s pledge to spend more on military will hurt climate and social programmes

Nato plan to increase military spending overlooks risks to security posed by environmental breakdown and social decay, say economists

Roll Call

Dropping F-bomb, Trump heads to NATO summit angry with Israel and Iran - Roll Call

President Donald Trump lashed out at Israel and Iran before he jetted off for a NATO summit in the Netherlands amid global tensions.

The Independent UK

Germany to raise defense spending to 3.5% of GDP in 2029

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029

The Independent UK

France and Germany pledge ‘unshakeable determination’ in face of Russian threat

World leaders have convened in the Netherlands for a two-day Nato summit, with a key objective to endorse a new defence spending target of 5 per cent of each country’s GDP. French president Emmanuel Macron and German chancellor Friedrich Merz jointly expressed support for US efforts to preserving Ukraine's sovereignty…

Al Jazeera

Who is attending the NATO summit and what’s on the agenda?

Continued support for Ukraine amid Russian aggression as well as higher defence spending by allies are key topics.

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