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The Latest Breaking News from GDP

Trump Takes Billionaire Powerhouse to China — Delegation's Combined Wealth Exceeds GDP of Most Nations

Trump heads to Beijing with 16 CEOs including Elon Musk and Tim Cook. Their £639bn ($868bn) combined fortune surpasses Sweden's entire GDP

International Business Times UK

India revises GDP release calendar, annual and Q4 figures now due on June 7

India's National Statistics Office has revised the annual GDP data release schedule, moving it from the last working day of May to June 7 annually. This change, effective from FY26 data, aims to enhance the quality and robustness of national accounts. The first revised release will be on June 5,…

The Economic Times

Moody's slashes 2026 India growth forecast to 6%

Moody’s Ratings has cut India’s GDP growth forecast for 2026 by 0.8 percentage points to 6 per cent, citing weak private consumption, slower capital formation and industrial activity, along with higher energy costs. It also lowered the 2027 growth outlook to 6 per cent from earlier estimates, pointing to lingering…

The Economic Times

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Forget U.S. debt, China’s total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says

China’s total debt across the public and private sectors is now 300% of GDP.

Fortune

Pensions for Botswana’s elderly are growing, but care services are lacking – study tracks 20 years

Botswana’s economy is projected to contract by 0.4% in 2026, driven largely by a slowdown in the diamond sector. Diamonds account for a third of fiscal revenues and a quarter of GDP. This means the government has less money to spend, even before making any policy choices.

The Conversation

Crude oil prices likely to stay higher for longer: ADB Chief Economist

Crude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Inflation is also expected to rise significantly. Weather disruptions and fertilizer costs could further impact food prices. India's reliance on imported oil makes it particularly vulnerable…

The Economic Times

'Trust Doesn't Collapse Overnight': Experts Warn US Debt Is Now Accelerating America's Rivalry With China

The US is projected to borrow over $2 trillion in a fiscal year, raising concerns among economists about fiscal sustainability and geopolitical implications, with interest payments rivaling major federal expenditures.

International Business Times

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AI boom masks rising global energy risks, warns David Roche

Market veterans warn investors may be underestimating the long-term economic fallout from the Middle East energy crisis. While AI spending and US economic resilience fuel optimism, falling oil reserves and tightening supplies could lead to shortages and a significant global GDP contraction. Rising shipping costs and insurance premiums further exacerbate…

The Economic Times

If You Want to Know How Much Inflation Has Really Hurt U.S. Consumers, Skip the CPI and Study Big Mac Burger Prices

This analysis explores the gap between official core CPI and real-world costs using the Big Mac as a constant. Hedonic adjustments create a statistical illusion of growth while masking a long-term decline in purchasing power.

Barchart

Is this the moment to change the way we think about economic growth?

Economic growth, particularly in energy-intensive nations, is slowing as the Middle East war continues to throttle exports of oil, plastics and fertiliser.

The Conversation

Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the US economy’

With across-the-board job growth yet to materialize, AI investment is propping up economic activity.

Fortune

What is, and isn't, worrying about 100% debt to GDP

The details of how the debt got there and where it's going are quite a bit more problematic than the ratio itself.

Axios

Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Euronews

With a shrinking population, China needs new drivers of growth. Consumer spending has yet to fill the gap

China’s latest national accounts show the economy grew by about 5% through 2025 and into the first quarter of 2026, pointing to resilience despite ongoing trade tensions.

The Conversation

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Fortune

Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook

"In a 'Fiscal Dominance' regime, the Fed's ability to aggressively hike rates to curb inflation is constrained, as doing so risks a fiscal or financial crisis."

The Independent UK

US debt exceeds 100% of GDP – for first time since Second World War

IN FULL

Barchart

S&P 500 and Nasdaq 100 Rally to Record Highs on Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. June E-mini S&P futures (ESM26 ) rose +1.01%, and June E-mini Nasdaq futures...

Barchart

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

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International Business Times

Cognitive Explainable AI Challenges The Bigger Is Better Narrative In AI

Artificial intelligence could contribute up to 16% or approximately $13 trillion to the global economy by 2030, while also increasing global GDP by as much as 26%.

Barchart

Stocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.35%, and June E-mini Nasdaq futures...

Barchart

Dollar Falls as the Yen Rallies on Intervention Talk

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower...

Barchart

Stocks See Support from Lower Crude Prices, While Mega-Cap Tech Earnings are Mixed

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.11%, and June E-mini Nasdaq futures...

The Guardian - US

US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears

Euronews

From statements to actions: Here's which European countries are spending the most on defence

Military spending by European NATO members last year rose faster than at any time since 1953.

Fortune

No, tariffs are not strengthening the economy

A senior Tax Foundation economist examines the manufacturing job losses, GDP slowdown, and consumer price hikes that paint a very clear picture.

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