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News 2026-10-13 02:00 UTC

IMF says AI investment propping up global growth, but war and debt threaten outlook

IMF upgrades global growth forecast to 3.1% for 2026 Strong investment in AI is major reason for better outlook US economy forecast to grow 2.3% this year and in 2027 Forecasts for China's growth tick down to 4.5% for 2026 and 4.0% for 2027 Gulf countries, including Saudi Arabia, see GDP forecasts downgraded sharply By

News 2026-09-10 19:03 UTC

Fitch models AI bust that could crash U.S. stocks 35%

Fitch Ratings said an AI-led market collapse could send U.S. share prices down 35% over six months and push the economy into recession. Its stress test also assumed a 15% drop in overseas stocks and a sharp pullback in AI investment and business confidence.

News 2026-05-29 07:12 UTC

Mexico Cuts GDP Forecast

Mexico's central bank lowers 2026 economic growth forecast due to weak start, citing slower-than-expected growth