The Latest Breaking News from GDP

According to experts, the Federal Reserve's efforts to control surging inflation by raising interest rates and reducing the size of its balance sheet could eventually tip the nation’s economy into a recession. Furthermore, a plunge in GDP in the first quarter has amplified the risk of a recession this year.…

The Bank of England yesterday issued a stark warning to the British public that the economy is at risk of slipping into a recession as it raised interest rates to 1%

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

After the stock market (SPY) made new lows on Monday we have seen a fairly courageous bounce. But will it last??? More likely we are in a bottoming process that will have us make lower, scarier lows before a lasting return to the bull market. Read on below for the…

Kyiv School of Economics estimates cost of conflict could rise to $600bn, almost four times the nation’s GDP

Fitch said on Tuesday it has cut China's GDP growth forecast for 2022 to 4.3% from 4.8%, saying pandemic-related disruptions have had an impact on the country's economy in the first two quarters of the year. The rating agency said it stills expects a quarter-over-quarter GDP contraction in the second…

Monday stocks retested the S&P 500’s (SPY) lowest levels of the 2022 correction. Yes, shares bounced higher into the open. Unfortunately that tells us nothing about what comes next. So let's explore what is causing stocks to push to new lows...what the tea leaves say about where stocks go from…

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