The Latest Breaking News from GDP

Chancellor Jeremy Hunt warns economy likely to get worse before improving, after UK GDP rose 0.5% in October, but shrank by 0.3% in the August-October quarter

If we are in the early throes of a seismic shift, leaders must prepare to operate in a new world where their old assumptions no longer hold

Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in recent years. In China, patience with its zero-COVID policy – one of the world’s toughest strategies for dealing with the pandemic – are wearing thin among workers and students. Sporadic…

The National Credit Bureau (NCB) expects household debt in terms of loan amounts will continue to increase, despite the decline in the household debt-to-GDP ratio.

November's job growth was better than expected, even after the Federal Reserve’s aggressive action to cool the economy. Moreover, the sound third-quarter GDP growth and analysts predicting a mild recession in 2023 are spurring optimism. Amid this, quality stocks McDonald's (MCD), Cigna (CI), and O'Reilly Automotive (ORLY) might be steady…

Tobacco use imposes a significant health and economic burden on countries. Research estimates that the cost of smoking in South Africa amounted to 0.97% of the country’s GDP in 2016. These costs are likely to have increased as a result of the observed rise in smoking prevalence over the past…

Germany will fail to meet a NATO guideline of spending 2% of gross domestic product on its military next year and again from 2026 onward, according to an analysis quoted in local media on Monday.

Business group warns of slump in investment and productivity as UK mired in ‘stagflation’

The financial changes happening in December