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INSANE: 15 - The Real Truth

Revenues from corporate income tax in Europe: Which countries collect the most?

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

Euronews

Economic Growth Picks Up, But Inflation Still Pressures The Fed: This Week In Markets

The U.S. economy closed the second quarter with a final GDP growth rate of 3.8% — its strongest performance since the third quarter of 2023 and above the long-term average pace.

Benzinga

FTSE 100 Live 26 September: Big upgrade for hotels giant, index on front foot

The outlook for lower US interest rates is in the spotlight after yesterday’s big upgrade to GDP figures.

Evening Standard

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Strong US Economic Reports Support the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

Barchart

'The most distrusted' bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

Fortune

Surprisingly strong GDP report undermines economic slowdown narrative

Some GDP growth in the second quarter was a result of trade whiplash.

Axios

Dollar Rallies on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.43% at a 3-week high. The dollar is climbing as today’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft)...

Barchart

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US GDP shows 3.8% growth in second quarter in dramatic upgrade

Imports fell and consumer spending jumped, resulting in a much better economic performance than previously estimated in the world's biggest economy.

Euronews

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth

The Independent UK

Top analyst says the U.S. bull market dates all the way back to the 1980s, and stocks just hit a potentially unsustainable 363% of GDP

It was only 212% at the height of the dotcom bubble, according to calculations by JP Morgan Asset Management's David Kelly.

Fortune

UK to suffer highest inflation in G7 this year, says OECD

International body warns British rate will be higher than that in US, despite effects of Trump tariffs

The Guardian - UK

Trump's $17 Trillion New Investments Claim 'Clearly' Not True, Says Peter Schiff: GDP Growth Would 'Explode by Roughly 50%' If Factual

Economist Peter Schiff is calling out President Donald Trump’s claims regarding $17 trillion in new investments flowing into the U.S. economy.

Benzinga

How Did Poland Get So Far Ahead of Hungary?

Fewer than 35 years after escaping the yoke of Soviet-style central planning, Poland has become a legitimate global powerhouse.

Reason

OPINION - This Trump visit is a masterclass in how to do pageantry and how not to do business

I’ve been in the same room as President Trump on a number of occasions but I first had a proper meeting with him at the Republican convention in Milwaukee before his reelection. Days earlier, a gunman had tried to take his life. Upon entering his hotel suite, the first thing…

Evening Standard

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AAP

NZ economy shrinks, fuelling bets of steeper rate cuts

A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October.

Benzinga

Cracker Barrel, D-Wave Quantum, IonQ, Krispy Kreme And Broadcom: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, U.S. stocks closed mixed as the Dow Jones Industrial Average advanced 0.6% to 46,018.32. The SP 500 slipped 0.1% to 6,600.35, while the Nasdaq fell 0.3% to 22,261.33.The Federal Reserve cut its benchmark rate by 25 basis points to 4.00%-4.25%, ending a nine-month pause and marking the fourth…

The Guardian - AU

Labor’s Measuring What Matters is a worthy goal – but one that has utterly failed to live up to its promise

The wellbeing framework has become little more than a data dump – but at least it highlights how little stock we should put in productivity figures

Fortune

AI has added $160 billion to 'true GDP' since 2022, Goldman Sachs says. There's just one problem: That's not official

AI is either adding 0.1% or 0.3% to GDP. The difference matters.

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Euronews

Five takeaways for tech from Draghi's speech

Key takeaways included: telecoms reform (DNA), calls for deeper GDPR reform, a pause on AI Act high-risk rules, "Buy European" procurement, and faster merger reform.

Benzinga

Nvidia's Market Capitalization Surpasses Canada's GDP, As McKinsey Projects $1.7 Trillion AI Data Center Spend By 2030

Nvidia Corp.’s (NASDAQ:NVDA) market capitalization has reached a staggering $4.32 trillion, surpassing the gross domestic product (GDP) of Canada's entire economy, as new forecasts point to explosive global demand for AI-driven data centers.

The Guardian - AU

Healthy, safe and getting along with each other: Australia attempts to look beyond GDP to measure what matters

The Measuring What Matters wellbeing report shows increased concern over security and access to healthcare and a stalling in Australia’s emissions reduction

The Conversation

Even professional economists can’t escape political bias

Republican-leaning economists tend to predict stronger economic growth when a Republican is president than Democrats do – and because of this partisan optimism, their forecasts end up being less accurate.

GOBankingRates

I Asked ChatGPT How the Trump Tariffs Will Affect the Economy: Here’s What It Said

ChatGPT reveals how Trump’s tariffs could impact GDP, inflation and the job market. Here’s what it could mean for your wallet and the broader economy.

Fortune

Russia's central bank reveals GDP is shrinking, in a sign Putin's war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession.

Benzinga

Trump's Immigration Policies Could 'Shrink' GDP Growth As US Population Projected To Decline, Warns CBO

The U.S. population growth is expected to decline at a faster rate than previously projected due to President Donald Trump’s immigration policies, according to the Congressional Budget Office.

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