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Powell is paying close attention to "final sales," a narrower measure than GDP itself that focuses on private sector demand.

Treasurys rallied modestly on Thursday, sending yields lower, after revised data showed first-quarter annual U.S. GDP grew at a lackluster 1.4% rate.

Consumers aren't spending as much due to high inflation, causing GDP to increase slowly.

European and US futures are trading lower as investors pick up the momentum from the Asian session, where most markets closed in negative territory. The yen's sell-off against the dollar poses a significant risk, given the stark…

The revision of budget indicators suggested by the Ministry of Finance, specifically the rise in budget expenditures by about $5.7 bln

US economy grew 1.4% in Q1 2024, slower than Q4 2023 due to reduced consumer spending, exports, and gov. spending. Inflation rose slightly, and layoffs may lead to higher unemployment in June. Fed may cut rates later this year. Stock…

The U.S. economy’s performance in the first three months of the year didn’t look much better the third time around: The government’s latest estimate of first-quarter annual growth was lifted slightly to a lackluster 1.4%.

Rolling coverage of the latest economic and financial news, as UK central bank publishes its new financial stability report

KUALA LUMPUR, June 27 — The government is confident that Malaysia can surpass the digital Gross Domestic Product target...

The National Bureau of Statistics (NBS) had recently released the GDP figures for the first quarter as Nigeria’s economy sustained positive growth in the, with real GDP expanding by 2.98 per cent year-on-year (y/y). This growth, while…

Contributions of the information and communications technology (ICT) sector to Nigeria’s gross domestic product (GDP) dropped from N8.4 trillion in Q4, 2023 to N7.9 trillion in Q1, 2024. But the Ministry of Communications, Innovation and…

Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the bank is fostering stronger, healthier, and more resilient

Mumbai: RBI Governor Shaktikanta Das sees India moving ahead towards an 8 percent GDP growth trajectory on a sustained basis, driven by structural economic reforms such as GST. “If you look at the average growth India recorded over the…

India's growth momentum remains strong and could improve further in the coming months. The country was on a path to achieving 8 per cent growth on a sustained basis, RBI Chief added.

HANOI, June 26 — Vietnamese Prime Minister Pham Minh Chinh said on Wednesday the country’s gross domestic product (GDP)...

Russia’s online economy soared 3.5-fold over the past four years, Maksut Shadayev added

SUBANG JAYA, June 25 — The digital economy is projected to contribute 25.5 per cent to the Gross Domestic Product (GDP)...

Analysis of 11 cities by OCO Global also found that the prosperity of Greater Manchester residents had not improved at the same pace as other economic indicators in the last 10 years.

Nigeria’s Gross Domestic Product (GDP) may grow marginally by 2.9 per cent in the Second Half (H2 2024) of this year, PwC’s latest ‘Nigeria Economic Outlook: Navigating Economic Reforms’ has