The Latest Breaking News from GDP

The ONS has released latest GDP figures from the nations and regions of the UK

Michigan and Metro Detroit have outpaced the nation's economic recovery in the wake of COVID-19, according to the Detroit Regional Chamber's State of the Region report released Wednesday.

While the better-than-expected GDP growth in the last quarter and declining inflationary pressures are raising optimism, macro uncertainties remain. With interest rate hikes expected to continue, recession possibilities cannot be ruled out. Therefore, fundamentally sound dividend-paying stocks, AbbVie (ABBV), Gilead Sciences (GILD), and Sisecam Resources (SIRE), could be worth investing…

The Bank of England now expects a shallower and shorter recession this year than it predicted in November - although GDP will still not return to peak levels until 2026.

It means mortgages and other debt will become more expensive for millions of people

Tories blamed for creating economic ‘doom loop’ that fails to recognise negative impact of spending cuts

Deepening conflict, sudden changes to regulations and a lack of transparency have made business increasingly hard.

A projection suggests the metaverse could contribute US$11-21 billion per year to the Thai economy by 2035, according to research conducted by London-based consultancy Deloitte.

Consistently falling prices and stronger-than-expected fourth-quarter GDP are renewing hopes about the economy’s overall health. Therefore, it could be wise to add quality stocks with solid fundamentals, Walmart (WMT), Bristol-Myers Squibb (BMY), and CVS Health (CVS), to your portfolio to garner substantial returns in 10 years. Read more….