“The assumption is you’ll have higher inflation, higher interest rates than you would have in the absence of those tariffs,” said IIF CEO Tim Adams.
Crypto firm Circle expects the UK to introduce stablecoin laws in ‘months, not years’
“I think we’re within months, not years” of formal U.K. stablecoin laws being introduced, crypto firm Circle’s top policy executive told CNBC.
IMF warns on China’s property market worsening as it cuts country’s growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
Stocks making the biggest moves after hours: McDonald’s, Seagate Technology, CoStar Group and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Genuine Parts, General Motors, Verizon, Philip Morris and more
These are the stocks posting the largest moves in midday trading.
IMF says global fight against inflation is ‘almost won’ but warns of rising risks
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
IMF hikes UK growth outlook amid lower inflation and interest rates
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.
SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.
Stocks making the biggest moves premarket: Cheesecake Factory, Sherwin-Williams, 3M and more
These are the stocks posting the largest moves in premarket trading.
More startups are being spun out of Klarna than any other European fintech unicorn
Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.