The United States (US) Bureau of Economic Analysis (BEA) is scheduled to release the preliminary estimate of the US Gross Domestic Product (GDP) for the October-December quarter on Thursday. Analysts anticipate that the report will indicate an annualised economic growth rate of 2.8%, slightly below the 3.1% posted in the third quarter of the year.
France's economy retreated slightly in the fourth quarter as the Paris 2024 Olympic Games effect waned, statistics agency INSEE said on Thursday in its quarterly gross domestic product (GDP) report. The euro zone's second-biggest economy declined by 0.
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.
GDP Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases of domestically-produced goods and services by individuals, businesses,
Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the prior year, showed preliminary government data released on Thursday.
Surprisingly few things are named after Warren Buffett. The Buffett Cancer Center at the University of Nebraska isn't named after Warren Buffett but instead his late cousin, Fred, and his wife, Pamela.
GDP was 0.1% less in the fourth quarter of 2024 than the third, as political deadlock took its toll on business and consumer confidence and the glow from the summer Olympics faded.
President Ferdinand Marcos Jr.’s administration had aimed for a GDP growth target of 6% to 6.5% in 2024. However, for the second consecutive year, the Philippines fell short after also missing its target in 2023.
The markets have priced in almost three quarter-point rate cuts by the BoE in 2025.
MEXICO CITY (Reuters) - Mexico's economy likely contracted from October to December, marking the first quarterly decrease in more than three years, a Reuters poll showed on Wednesday.
The Philippines’ gross domestic product (GDP) grew 5.6 percent in 2024 despite a sluggish fourth-quarter expansion of 5.2 percent, data from the
Business and Financial Times on MSN51m
2025 Budget: IEA wants CAPEX at 10% of GDP in medium term
The Institute of Economic Affairs (IEA) is advocating for a substantial increase in the resources allocated to capital expenditure (CAPEX) to at least 10 percent of gross domestic product (GPD) over the medium term.