A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty Images The International Monetary Fund on Tuesday downgraded its growth forecasts for major Asian economies in 2025, citing trade tensions and “high policy uncertainty.” The…
Tariffs are posing major headwinds for the U.S. and global economies, leading the International Monetary Fund to slash its 2025 growth forecast. President Donald Trump’s April 2 rollout of “reciprocal” tariffs has not only shaken stocks – the S&P 500 is down 9% since the levies were launched – but they also have set off…
Shoppers pass along the high street in Maidstone, UK, on Wednesday, April 16, 2025. Bloomberg | Bloomberg | Getty Images The International Monetary Fund downgraded the U.K.’s 2025 growth forecast in its latest economic outlook released on Tuesday, warning that U.S. President Donald Trump’s trade tariffs, higher borrowing costs and increased energy prices will dent…
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares in Sony Group surged as much as 10.7% Friday after the company raised its revenue and profit forecast for its current financial year ending in March. The Japanese technology and…
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares in Sony Group surged as much as 10.7% Friday after the company raised its revenue and profit forecast for its current financial year ending in March. The Japanese technology and…
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Cloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years. The company sees its adjusted operating margin widening to between 21% and 22% in 2027 as part of a three-year…
‘Your house is on fire’: Moment man’s saved from burning LA home Winds that have fanned wildfires in the US city of Los Angeles are again expected to kick up in the early hours of Wednesday – after a 25th death from the huge, week-long outbreak was confirmed. Forecasters have again identified an area of…
The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now…
Tens of millions of Americans are bracing for a huge winter storm that could bring the heaviest snowfall and coldest temperatures in over a decade. The storm, which started in the middle of the US, will move east in the next couple of days, the National Weather Service (NWS) said. Parts of the US not…
