The Latest Breaking News from GDP

Some GDP growth in the second quarter was a result of trade whiplash.

The dollar index (DXY00 ) today is up by +0.43% at a 3-week high. The dollar is climbing as today’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)...

Economist Peter Schiff is calling out President Donald Trump’s claims regarding $17 trillion in new investments flowing into the U.S. economy.

Fewer than 35 years after escaping the yoke of Soviet-style central planning, Poland has become a legitimate global powerhouse.

I’ve been in the same room as President Trump on a number of occasions but I first had a proper meeting with him at the Republican convention in Milwaukee before his reelection. Days earlier, a gunman had tried to take his life. Upon entering his hotel suite, the first thing…

A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October.

On Wednesday, U.S. stocks closed mixed as the Dow Jones Industrial Average advanced 0.6% to 46,018.32. The SP 500 slipped 0.1% to 6,600.35, while the Nasdaq fell 0.3% to 22,261.33.The Federal Reserve cut its benchmark rate by 25 basis points to 4.00%-4.25%, ending a nine-month pause and marking the fourth…

The wellbeing framework has become little more than a data dump – but at least it highlights how little stock we should put in productivity figures

AI is either adding 0.1% or 0.3% to GDP. The difference matters.