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IMF cuts 2026 global growth forecast on Mideast war

IMF cuts 2026 global growth forecast on Mideast war

The IMF cut its 2026 global growth projection Tuesday, warning that the world economy could be "thrown off course" by war in the Middle East -- as the conflict roils commodity markets and sparks higher prices. The global economy is set to grow by 3.1 percent this year,

Goldman Sachs eyes more corporate mergers despite war uncertainty

Goldman Sachs eyes more corporate mergers despite war uncertainty

Goldman Sachs reported strong first-quarter earnings on Monday, pointing to continued client interest in dealmaking that so far has not been derailed by the Middle East War. The New York-based investment bank scored an 18 percent jump in quarterly profit to $5.4 billion, citing a "significant

Spain's Sanchez calls China trade imbalance with EU 'unsustainable'

Spain's Sanchez calls China trade imbalance with EU 'unsustainable'

Spanish Prime Minister Pedro Sanchez called China's trade imbalance with the European Union "unsustainable" on Monday, as he began a three-day visit to Beijing where he hopes to strengthen economic ties. Sanchez's visit is his fourth to China in four years as he

Trade court judges sharply question Trump's backup tariffs, legal challenge

(The Center Square) – A panel of judges sharply questions attorneys on both sides of a challenge to President Donald Trump's backup tariffs under a never-used 1974 law. Oral arguments before the little-known Court of International Trade went for more than three hours on Friday morning, with

Record-breaking triathlete to speak at HEART Initiative panel

Over the course of 64 days — across the waves of the Caribbean, the mountains of Mexico and, finally, the finish line in Washington D.C. — Norma Bastidas completed the world’s longest triathlon. Behind her success is a story of endurance that transcends physical capabilities. On April 14, the HEART

Court showdown over Trump's tariffs could reshape U.S. trade policy

(The Center Square) – A ruling from a small federal trade court in New York could reshape global trade, as it decides the legality of President Donald Trump's latest tariffs, a case with worldwide economic implications. A little-known federal court in New York could soon decide the fate

Trump orders new pharma tariff, reshapes metal duties

Trump orders new pharma tariff, reshapes metal duties

US President Donald Trump on Thursday ordered new tariffs on certain medicines, alongside an overhaul of metal duties, doubling down on his trade agenda a year after unleashing trade wars on virtually all partners. The latest pair of orders he signed pile pressure on pharmaceutical companies to manufacture more in