The Latest Breaking News from GDP

Burundi, which marked 60 years of independence on 1 July 2022, ranks as the poorest country on the planet in terms of GDP per capita. This must be understood in the light of a history punctuated by political upheavals. Until 1996, the country lived to the rhythm of coups, massacres…

The Saudi General Authority for Statistics (GASTAT) revealed on Sunday that the Kingdom’s real gross domestic product (GDP) jumped by 11.8 % year-on-year (YoY) in the second quarter of 2022. The announcement countered International Monetary Fund projections that the economy will grow at 7.6% this year, the highest growth among…

"The fact-checking industry has become a partisan arbiter of political disputes," notes Phil Magness.

While high inflation and GDP decline for two consecutive quarters are raising recession fears, better-than-expected corporate profits and the possibility of a less aggressive rate hike have been restoring investor confidence. Regardless of the uncertainties surrounding the economy and the market, investing in Abbott Laboratories (ABT), Coca-Cola Consolidated (COKE), DLH…

Back-to-back GDP slowdown, Fed raises rates, higher prices and other economic highlights from a busy week.

Despite another decline in GDP, the major indices are expected to post their best month since November 2020. And irrespective of the market volatility, mid-cap stocks are raking in significant gains. Thus, we think it could be wise to scoop up shares of mighty mid-cap stocks Acuity Brands (AYI), Boyd…

Economists were on high alert Thursday morning awaiting data from the U.S. Commerce Department that might shed light on whether the country is in a recession — a question with vast implications for consumers, employers and electoral politics.

Amid sky-high inflation and consecutive rate hikes, U.S. GDP witnessed another consecutive decline in the second quarter. However, investors seem to have shaken off recession fears causing U.S. equities to rally. Thus, we think quality growth stocks, Core Molding (CMT), Civeo (CVEO), and Genuine Parts (GPC), could be worth buying…

Asian shares are mixed as Chinese shares sank after leaders acknowledged the official 5.5% growth target for this year won’t be met