GDP
-
financeUS Inflation Hits 3-Year High as Iran War Fuels Energy Costs
The Federal Reserve's preferred PCE price index surged to 4.1% in May, driven by the US-Israel war on Iran, raising economic and political stakes ahead of midterm elections.
-
financeUK Borrowing Surges Past Forecasts as Debt Interest Costs Spike
UK government borrowing hit £23.3 billion in May, exceeding forecasts by £5.6 billion. Rising debt interest and Middle East energy costs are straining public finances and complicating Bank of England policy.
-
financeJapan's Q1 GDP Revised Down to 1.8% Annualized as Business Investment Contracts
Japan's economy grew at an annualized 1.8% in Q1 2026, missing the preliminary 2.1% estimate as business investment fell 0.7%, signaling caution among firms.
-
financeThink Tank Resists Canada Recession Label Despite Technical Data
Canada's economy shrank for two quarters. The C.D. Howe Institute says it's not a recession yet.
-
financeCanada's AI Strategy Targets 250,000 Jobs and 3% GDP Boost by 2031
Canada unveils a $360M tech fund and plans to add 250,000 jobs, boost GDP by 3%, and tighten consumer privacy in a sweeping AI initiative.
-
financeBank of Canada and Economists Resist Official Recession Label Despite GDP Decline
Canada's GDP shows two quarters of decline, but the central bank and many economists urge caution, citing a broader economic picture.
-
financeFed's Key Inflation Gauge Hits Highest Level Since 2023
The PCE price index climbed 3.8% year-over-year in April, signaling persistent price pressures despite earlier rate cuts by the Federal Reserve.
-
financeChina Cuts Key Interest Rate to Record Low in Bid to Revive Economy
PBOC lowers one-year Loan Prime Rate to 3.0%, a historic low, as Beijing ramps up efforts to counter economic slowdown.