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Top Tuko.co.ke - Kenya News. News

IMF raises 2025 global growth forecast on 'modest' US trade shock — OLIVER CONTRERAS/AFP via Getty Images via Getty Images

Economy · United States

IMF raises 2025 global growth forecast on 'modest' US trade shock

70% Center coverage: 83 sources

In its flagship World Economic Outlook (WEO) report -- compiled before the most recent US-China tariff spat -- the IMF hiked its 2025 global growth forecast to 3.2 percent, up from 3.0 in July, while leaving its prediction for 2026 unchanged at 3.1 percent.See the Story

Fed’s Powell suggests tightening program could end soon, offers no guidance on rates — JIM WATSON/AFP via Getty Images via Getty Images

Federal Reserve · Washington

Fed’s Powell suggests tightening program could end soon, offers no guidance on rates

55% Center coverage: 68 sources

Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. See the Story

DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia — REUTERS / ixx511

Department of Justice · United States

DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia

47% Center coverage: 51 sources

The Department of Justice has seized about $15 billion worth of bitcoin held in cryptocurrency wallets owned by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday.See the Story

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