The Latest Breaking News from GDP

The Fed’s aggressive interest rate hikes and high energy prices will likely fuel recessionary conditions. Moreover, the unexpected decline in GDP in the first quarter indicates a possible economic contraction. Amid such possibilities, the pharmaceutical industry could attract investors’ attention because of the inelastic demand for its products. Today, I…

Even though exports achieved their peak in absolute terms in FY22, as a % GDP they were relatively lower than the levels recorded in FY14

Opposition Leader Anthony Albanese says that debt and deficit in Australia have never been higher. RMIT ABC Fact Check takes a look at the history books.

The General Authority for Statistics (GASTAT) published flash estimates of the Saudi Gross Domestic Product (GDP) growth rate for the first quarter of 2022, reported the Saudi Press Agency. The figures reveal that the GDP has made the highest growth rate in 10 years, achieving a growth of 9.6% during…

China’s financial, logistics and manufacturing giant struggles to get back on its feet as Covid lockdowns snarl logistics and restrict the workforce

US GDP contracted by 1.4% in Q1 2022 as recession fears heighten. This is bullish for risk assets like Bitcoin and equities in my opinion, as the Federal Reserve may become less hawkish to avoid a recession.

Rolling coverage of the latest economic and financial news, including growth figures from across the eurozone

Bitcoin traded in the green on Thursday evening but failed to cross the key $40,000 barrier in intraday trading, as the global cryptocurrency market cap rose 1.2% to $1.8 trillion.

Apple and Amazon shares tumble in after-hours trade as they warn of inflation and supply constraints, while Australian shares follow Wall Street higher as investors shrug off downbeat GDP figures in the United States.