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THE TRUTH ABOUT: 67 | History Defined

US Leads Global Economy with Strong GDP Growth Despite Challenges

Discover how the US economy is thriving compared to other nations, with strong GDP growth, robust stimulus spending, and favorable gas prices benefiting co...

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Irish Q4 GDP Contracts 0.7% in Preliminary Estimate

Preliminary estimates show that Irish GDP contracted by 0.7% in the fourth quarter of the year. This downturn in the economy can help us understand the cur...

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Strong GDP growth in Q4 2023 defies recession forecasts

Discover the positive GDP growth in the 4th quarter of 2023 and what it means for businesses. Find out why labor, capital investments, and financing strate...

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Asian Equity Rally Fades Despite Wall St Records Sparked By US Data

The rally in Asian markets petered out Friday, with profit-takers paring three-day surges in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.

International Business Times

Stock Market Today: Stocks Close Higher After GDP, Tesla Earnings

Government data showed the U.S. economy remained resilient at the end of 2023.

Kiplinger

Many experts feared a recession. Instead, the economy has continued to soar

The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.

WEKU

Euro Rises from Six-Week Lows Ahead of ECB Meeting and US GDP Data

The Euro gains some ground as it rebounds from six-week lows ahead of the European Central Bank meeting and the release of US GDP data. Stay informed.

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US Economy Grows 3.3% in Q4 2023, Exceeding Expectations

Discover how the US economy grew by 3.3% in the last quarter of 2023, surpassing expectations. Find out what this means for the Federal Reserve and rate cuts.

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US Economy Closes In On 'Soft Landing' As GDP Grows 3.3% In 2023 Q4

The U.S. Gross Domestic Product (GDP) increased at a 3.3% rate -- well ahead of the 2% projected by Wall Street Journal and Bloomberg.

International Business Times

China's Clean Energy Sector Powers 2023 GDP Growth: Report

China's clean energy sector played a significant role in driving the country's GDP growth in 2023, according to a research report. Learn more here.

Top News

FTSE 100 Live 25 January: London blue-chips close flat after US GDP crushes expectations

The contrasting fortunes of retailers Superdry and WH Smith are in focus after they issued updates today.

Evening Standard

Clean Energy Largest Driver Of Chinese GDP Growth In 2023: Report

Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report released Thursday.

International Business Times

Agag lands major new deal as Saudis go big on electric motorsport

The PIF calls this programme “Electric 360”, reflecting that it covers all three electric series.

Autosport

Dubai's Economy Soars: GDP Surges 3.3% in Nine Months

Discover how Dubai's economy thrived in the first nine months of 2023, with a 3.3% GDP growth. Uncover the factors behind this impressive expansion.

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Caixin Global

Weekly Must-Read: China’s 2023 GDP Growth Recovers to 5.2%, Beating Target

Although the economy rebounded last year, statistics chief warns of headwinds in 2024

StockNews.com

3 China Stocks Bursting With Buy Potential

Despite numerous hurdles, the Chinese economy has showcased an unwavering resilience, highlighted by its 2023 GDP growth rate surpassing the annual target rate. Therefore, it might be an opportune time to load up the shares of three Chinese companies: Sohu.com Limited (SOHU), Hello Group (MOMO), and Vipshop Holdings (VIPS). Read…

Al Jazeera

China posts sluggish GDP growth in 2023, population declines again

Official data shows GDP was 5.2 percent in 2023, hitting a government target, but recovery looks uneven.

International Business Times

China Growth Misses Estimates As Property Crisis, Unemployment Bite

China's fourth-quarter GDP missed estimates on Wednesday as it was battered by a property crisis, sluggish consumption and global uncertainties.

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Goldman Sachs predicts 2.3% GDP growth in 2024

Goldman Sachs has revised its GDP growth forecast for the USA in 2024 to 2.3%, indicating positive economic growth.

The Guardian - UK

Germany on track for two-year recession as economy shrinks in 2023

‘Multiple crises’ contributed to 0.3% fall in GDP, says national statistics office

Reason

The Fiscal Hawks Were Right About Debt and Interest Rates

Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.

The Guardian - UK

UK economy returns to growth amid Black Friday spending lift

GDP rises by 0.3% in November after October decline, with car leasing and video games fuelling bounceback

Evening Standard

GDP: Britain's economy grew 0.3% in November but ONS admits 'little growth' overall

Economists had expected growth of 0.2%, but the figures gave little cause for celebration with the risk of an end-of-year recession still on the cards

The Guardian - UK

UK ‘still at risk of technical recession’ despite November growth; oil price hits $80 after Yemen airstrikes – as it happened

UK growth rebounded in November, but economists warn that a second quarterly contraction is still a risk

Evening Standard

City on watch for Bank of England rate cut after latest lacklustre growth data

UK heads away from recession as economy grows in November but weak expansion adds to pressure on the BOE for action

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