Economy

U.S., China trade tariffs escalating would be ‘costly for everybody’: IMF

An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…

BA, MCD, ENPH, KO and more

Check out the companies making headlines before the bell. McDonald’s — Shares fell more than 6% after the U.S. Centers…

UK to introduce stablecoin law in ‘months’: Circle’s Dante Disparte

Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth…

Trump tariffs likely to lead to higher U.S. interest rates: IIF chief

Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…

IMF warns on China’s property market worsening

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg…

Stocks making the biggest moves after hours: MCD, STX, CSGP

Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped…

GPC, GM, VZ, PM and more

Check out the companies making headlines in midday trading. Genuine Parts – Shares fell about 20% on the back of…

IMF hikes UK growth outlook amid lower inflation and interest rates

General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty…

Global fight against inflation ‘almost won’ but risks are rising: IMF

Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces…

Stocks making the biggest moves premarket: CAKE, SHW, MMM

Check out the companies making headlines before the bell. Cheesecake Factory — Shares gained more than 3% after activist investor…