The Latest Breaking News from GDP

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

The UK government hopes to protect businesses and public sector organisations against spiralling energy costs with a package that parallels the price cap and support payments recently promised to households. But these significant interventions come with a large and imprecise price tag that raise serious doubts about the government’s future…

Tax cuts and more borrowing are likely to feature on Friday as the chancellor gambles on growth

The report showed U.S. Latino buying power grew during a pandemic, which disproportionately impacted Hispanic communities

THE UK economy is likely to be in recession after the Bank of England announced it expects GDP to fall over the next quarter and that it would hike…

NEW DELHI: The US Federal Reserve is expected to lift interest rates by three-quarters of a percentage point for a third straight time on Wednesday and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.

The World Bank on Monday urged five West African countries to diversify their economies to adapt to climate change, warning they are extremely vulnerable to extreme weather patterns. A report said Burkina Faso, Chad, Mali, Mauritania, and Niger -- all in the arid Sahel region -- are among the world’s…

India’s inflation, ADB said, has turned out to be more persistent than expected, and led to a sharp tightening in monetary policy, while eroding consumers’ purchasing power

Taiwan’s high profits are eating into labor’s share of the economic pie — and hampering growth.

The Prime Minister also doubled down on her campaign trail commitment to increase defence spending to 3% of UK GDP by the end of the decade.

The study calls for raising it to 1.6% to 2.2% of GDP