Gross Domestic Product (GDP): Measuring the nation’s economic health
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Austrian Economy Stagnates In Q4
Austria's economy stalled in the final quarter of 2024 after back-to-back contractions, a flash estimate from the WIFO economic ...
Mining Weekly1d
Mining in Africa: On the cusp of a new boom?
By: Mukwandi Chibesakunda If there is one industry that can catalyse a fulsome transformation of African nations’ economies, it is mining. This has been said before, and applied too, in the context of ...
UK economic growth forecasts downgraded in blow for Reeves
The UK gross domestic product (GDP) is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts. It had ...
Mexico’s economy sees first contraction in three years: GDP falls 0.6% in Q4 2024
Mexico's economy faced a contraction of 0.6% in the Q4 of 2024 as indicated by the preliminary data released on Thursday by ...
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy ...
UK economic growth forecasts downgraded for 2025 – EY
UK gross domestic product (GDP) is expected to grow by 1% in 2025, according to EY’s winter forecasts. It had previously predicted 1.5% growth for the year. The forecasts also pointed to 0.8% growth ...
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second ...
Volkswagen's Comeback Quest: Can The Auto Giant Outrace Its Crisis?
Volkswagen's internal software development struggles and skyrocketing vehicle prices have eroded its competitive edge. See ...
Trump Wields U.S. Power With Unclear Economic Consequences
The president sees the U.S. economy as a powerful lever against other countries but there are risks to that approach.
India-Germany submarine deal: What does it mean for Russia?
Germany's Thyssenkrupp will build six submarines for the Indian Navy along with its Indian partner. However, the deal is not necessarily a sign that New Delhi will end its defense sector dependence on ...