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Today: May 15, 2025
Today: May 15, 2025

GDP

Business|Economy|Finance|World

Russian January-April budget deficit widens to 1.5% of GDP on accelerated spending

Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on Wednesday,

Russian January-April budget deficit widens to 1.5% of GDP on accelerated spending
Business|Economy|World

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest — and most sweeping — tariffs taking effect

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
Business|Economy|Finance|World

Rush to beat tariffs boosts US trade deficit to record high in March

The U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of President Donald Trump's sweeping tariffs, which

Rush to beat tariffs boosts US trade deficit to record high in March
Business|Economy|Finance|Stock Markets|World

Global debt hits record of over $324 trillion, banking trade group says

Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed

Global debt hits record of over $324 trillion, banking trade group says
Business|Economy|Finance|World

Malaysia central bank seen holding key rate on May 8, cutting in Q4:Reuters Poll

Malaysia's central bank will hold its key interest rate steady on Thursday but is expected to lower it by 25 basis points in the last three months of the year to

Malaysia central bank seen holding key rate on May 8, cutting in Q4:Reuters Poll
Business|Economy|Finance|Stock Markets|World

Thai central bank ready to ease again if trade war hits, deputy governor says

Thailand's monetary policy is relatively accommodative and the central bank is ready to ease again, if

Thai central bank ready to ease again if trade war hits, deputy governor says
Business|Economy|Finance|Political|Stock Markets

Trump says it's Biden's economy, but businesses and economists beg to differ

When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did

Trump says it's Biden's economy, but businesses and economists beg to differ
Business|Economy|Education|Environment|Finance|Science|Technology|US

Whether GDP swings up or down, there are limits to what it says about the economy and your place in it

Relying on GDP, inflation or unemployment is an inadequate way to monitor the health of the economy.

Whether GDP swings up or down, there are limits to what it says about the economy and your place in it
Business|Economy

Russia hikes 2025 deficit forecast threefold due to low oil price risks

Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0.5% after reducing

Russia hikes 2025 deficit forecast threefold due to low oil price risks
Business|Economy|Finance|World

Fed should ditch current policy framework, group of former top central bankers says

A group of former top world central bankers says the Federal Reserve should scrap its nearly five-year-old bias towards jobs and keep a stricter focus on

Fed should ditch current policy framework, group of former top central bankers says
Business|Economy

US consumer spending surges in March, inflation cools

U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices and shortages due to tariffs, but that did little to

US consumer spending surges in March, inflation cools
Business|Economy|World

US economy shrinks in first quarter as tariffs unleash flood of imports

The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from

US economy shrinks in first quarter as tariffs unleash flood of imports
Business|Economy|Finance|Stock Markets|US

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

The U.S. economy shrank 0.3% from January through March, first drop in three years

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
Business|Economy|Europe|World

Italy's economy holds up in first quarter thanks to domestic demand

The Italian economy grew by 0.3% in the first quarter from the previous three months, preliminary data showed on Wednesday, a slightly stronger reading than expected

Italy's economy holds up in first quarter thanks to domestic demand
Business|Economy|Technology|US|World

Equities end higher after choppy trade as earnings, data, tariffs gauged

U.S. stocks closed solidly in positive territory on Tuesday, after seesawing between modest gains and losses in choppy trading as investors assessed the latest

Equities end higher after choppy trade as earnings, data, tariffs gauged
Business|Economy|Political|US

California overtakes Japan to become the world’s fourth-largest economy

California overtakes Japan to become the world’s fourth-largest economy

California overtakes Japan to become the world’s fourth-largest economy
Economy|Europe|Finance|Political

Italy says to meet NATO spending goal this year by accounting changes

Italy will meet NATO's 2% of gross domestic product (GDP) target on defence spending this year through a series of accounting changes, Economy

Italy says to meet NATO spending goal this year by accounting changes
Asia|Business|Economy|Finance|Political|US

China Q1 GDP growth tops expectations, but US tariff shock looms large

China's first-quarter economic growth outstripped expectations, underpinned by solid consumption and industrial output, but analysts fear momentum could

China Q1 GDP growth tops expectations, but US tariff shock looms large
Americas|Economy|Finance|Political

Brazil sees worsening debt outlook despite rising primary surplus targets

Brazil's government on Tuesday projected a sharp rise in gross debt despite an outlook for an improving primary balance, including a 0.25% of gross domestic

Brazil sees worsening debt outlook despite rising primary surplus targets
Americas|Business|Economy

Brazil economic activity beats forecasts in February, defies slowdown expectations

Brazil's economic activity rose more than expected in February, central bank data showed on Friday, despite expectations for a slowdown during one of the world's most aggressive

Brazil economic activity beats forecasts in February, defies slowdown expectations
Americas|Economy|Finance|Political

Brazil's gross debt hits 76.2% of GDP in February amid high interest costs

Brazil's public sector gross debt rose in February from the previous month, central bank data showed on Tuesday, driven by the country's heavy interest burden.

Brazil's gross debt hits 76.2% of GDP in February amid high interest costs
Economy|Finance|Political|World

Russia's Q1 budget deficit narrows to 1% of GDP

Russia's budget deficit narrowed to 1% of gross domestic product (GDP), or 2.17 trillion roubles ($25.5 billion), in the first quarter of 2025, compared to 1.3% of GDP in the first

Russia's Q1 budget deficit narrows to 1% of GDP
Asia|Business|Economy|World

Vietnam GDP growth slowed in first quarter ahead of Trump's tariffs

Vietnam's economic growth slowed in the first quarter of the year, data showed on Sunday, ahead of challenges the export-reliant economy will face in

Vietnam GDP growth slowed in first quarter ahead of Trump's tariffs
Business|Economy|Europe|Political|World

Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says

France could see a 0.5 percentage point reduction in gross domestic product growth as a result of U.S.

Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says