The Latest Breaking News from GDP

IMF predicts UK economy will contract by 0.6% in 2023 as Britain looks set to suffer more than most from soaring inflation

The IMF has predicted UK output to shrink by 0.6% this year

The U.S. 2022 fourth-quarter GDP growth surpassed estimates and induced fresh optimism. On the other hand, the biotech industry is expected to witness robust demand despite macro uncertainties. So, given the stable prospects of the biotech sector, quality stocks Amgen (AMGN), BioNTech (BNTX), Exelixis (EXEL), and Taisho Pharmaceutical (TAIPY) could…

Data released recently by the Chinese government shows its population has begun to shrink and that has some economists worried about the global economy.

A default by the US government could have catastrophic effects on both domestic and global economies.

Experts weigh in on the latest GDP report. Was the fourth quarter the economy’s final hurrah?

The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year.

The Dow Jones reversed lower after GDP and first-time jobless claims. Tesla stock surged on earnings and CEO Elon Musk's upbeat comments.

Over the calendar year, GDP grew by 2.1% in 2022.