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SHOCKING: 26 | Mind Blowing Facts

Is Wellbeing Economics the only way to generate economic growth?

I WANT to dispel a huge myth about the Wellbeing Economic Approach and that is that it involves de-growth ...

The National (Scotland)

AI spending added 0.5% to GDP growth, and the Magnificent 7 stocks are driving the market

The S&P 500 is up 10% this year, driven largely by tech companies that are spending heavily on AI.

Fortune

Stocks Muted Before the Open With Key U.S. PPI Data in Focus

September S&P 500 E-Mini futures (ESU25) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.08% this morning, taking a breather after recent gains, while investors look ahead to crucial U.S. producer inflation data for insight into how aggressively the Federal Reserve may cut interest rates.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

UK economy grew despite Trump tariffs causing three-year low in US goods exports – business live

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, while eurozone industrial production slumps

The Guardian - UK

UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June

The Guardian - UK

FTSE 100 Live 14 August: Insurers Aviva and Admiral rally after results, GDP growth beats hopes

A surge for Admiral and Aviva was today offset by falls for ex-dividend stocks HSBC and BP as the FTSE 100 index failed to benefit from the UK’s GDP surprise.

Evening Standard

Mould, vermin and ceiling leaks: German police say they work in ‘embarrassing’ conditions

Union calls for increased spending to revamp vehicles and station houses that it says are an insult to officers’ dignity

The Guardian - UK

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No one holds the government to account on spending. We need a budget watchdog that can bite

Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week.

The Conversation

Spain’s economy is the envy of Europe, but the plight of its strawberry pickers tells another story

Its migrant-powered GDP growth is lauded. If only the people who pick its fruit could be treated with dignity and respect, says Tone Sutterud, a human rights and environment journalist and translator

The Guardian - UK

Rachel Reeves should exempt defence pledge from budget rules, says Gordon Brown

The former chancellor said the commitment to spend 5% of GDP by 2035 should be treated as ‘exceptional’.

Evening Standard

Major Climate-GDP Study Under Review After Facing Challenge

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century's end, setting off alarm bells among financial institutions worldwide.

International Business Times

Spending on AI data centers is so massive that it’s taken a bigger chunk of GDP growth than shopping—and it could crash the American economy

As Rusty Foster, author of the widely read media blog Today in Tabs, puts it: “Our economy might just be three AI data centers in a trench coat.”

Fortune

Republican Rep. Claims GDP In Ruby Red State Plummeted In The First Quarter Due To Trump Admin Policies: 'Troubled Economic Mess'

Republican Rep. Don Bacon said the GDP in Nebraska has dropped by 6% in the first quarter of the year, claiming that "it's all about trade"

Latin Times

China’s industrial policy is creating instability at home and abroad

Overcapacity – from electric vehicles to high-speed rail to housing – is destroying profits as well as GDP

The Guardian - UK

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The Conversation

Some taxes are inefficient at any level. Even modest reforms will help

Australia’s tax system has come under scrutiny again ahead of the government’s reform roundtable later this month. Economists argue we could raise the same revenue with less economic harm by relying more on efficient taxes and less on inefficient ones.

Fortune

China’s fertility crisis is so dire, rates are falling below ‘replacement levels,’ and GDP could slow by more than half in the next 30 years, study says

According to a new report from Oxford Economics, the potential output growth for China could fall from around 4% in the 2020s to less than 2% by the 2050s.

The Independent UK

Early modelling reveals the impact of Trump’s new tariffs on global economies

As US warehouses run down inventories and stockpiles, there could be a rocky road ahead

Al Jazeera

Banana republic? Trump puts credibility of US economic data on the line

Trump’s firing of the head of the Bureau of Labor Statistics raises fears for the integrity of official statistics.

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Benzinga

Trump's 39% Tariffs May Derail Swiss GDP—And No, Drinking 'Bourbon Every Day' Or Buying 'Harley Davidson' Won't Save Them

Switzerland is bracing for one of the highest tariff rates on its imports to the U.S. as the deadline for a trade agreement between the two nations approaches.

The Conversation

Can Syria rebuild its economy from the ashes of war?

More than a decade of devastating conflict has left Syria’s economy in tatters, its infrastructure in ruins and its population deeply fragmented. The fledgling transitional government in Damascus, which came to power following a lightning rebel offensive in December 2024, often speaks of a “new Syria”. But the pressing question…

Benzinga

Elon Musk Agrees With Cathie Wood: Tesla Is 'Largest AI Project On Earth' Amid Robotaxi Vision, Samsung Chip Deal Buzz

Tesla Inc. (NASDAQ:TSLA) is the world's most ambitious AI endeavor, according to ARK Invest CEO Cathie Wood, who predicts its autonomous vehicle efforts could generate trillions in revenue.

The National (Scotland)

Keir Starmer's defence plan will not make UK safer, ex-UN adviser warns

KEIR Starmer’s pledge to ramp up defence spending in the UK to 5 of GDP by 2035 will make the country more insecure and won’t save the economy,…

The Conversation

New Trump tariffs: early modelling shows most economies lose – the US more than many

The global rollercoaster ride of United States trade tariffs has now entered its latest phase.

The Guardian - US

Good, mad and ugly: the US economy’s performance under Trump – in charts

Despite president’s claims of an economic boom, picture is chaotic – resilient GDP growth but weak jobs figures

Benzinga

Eurozone GDP Growth Pops A Surprise: These ETFs Are Winning The Game

The Eurozone just played a trick, reporting 0.3% year-over-year GDP growth in the second quarter, beating expectations of a slowdown.

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