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  • Apr 22, 2025

AI economic gains likely to outweigh emissions cost, says IMF

An IMF report released at its annual spring meeting in Washington nonetheless noted that those output gains would not be shared equally across the world, and called on policymakers and businesses to minimise costs to broader society. "Despite challenges related to higher electricity prices and greenhouse gas emissions, the gains to global GDP from AI are likely to outweigh the cost of the additional emissions," it said. "The social cost of these extra emissions is minor compared with the expected economic gains from AI, yet it still adds to the worrisome buildup of emissions," it said in the report titled "Power Hungry: How AI Will Drive Energy Demand".

  • Apr 22, 2025

Fed's Harker says US poverty levels may be understated

Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday the true level of poverty in the United States might be understated, in comments that did not address the monetary policy and economic outlook. The way we have historically measured economic stability of low-income households may no longer work,” Harker said in an essay on economic mobility issues. He said a family earning twice the federal poverty line metric may still face big economic challenges.

  • Apr 22, 2025

Emerging economies face test from tighter funding as growth slows, says IMF

WASHINGTON (Reuters) -The International Monetary Fund on Tuesday cut its 2025 growth outlook for emerging economies including Mexico and China, warning that tighter funding conditions and a scarcity of development cash could inflict pain on developing nations. Waves of tariffs announced by the administration of U.S. President Donald Trump and policy uncertainty are expected to stymie global growth just as the world economy emerged from major shocks such as the fallout from the COVID-19 pandemic and Russia's full-scale invasion of Ukraine. In its World Economic Outlook, the IMF lowered its economic growth forecasts for emerging market and developing economies for this year and for 2026 to 3.7% and 3.9%, respectively, shaving off about half a percentage point on its previous estimates issued in January.

  • Apr 22, 2025

1 of Wall Street’s Favorite Stock to Research Further and 2 to Brush Off

Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.

  • Apr 22, 2025

3 Cash-Producing Stocks Walking a Fine Line

Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.

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