Latest Corporate News News
đź“…April 18, 2026 at 1:00 AM
IMF cuts global growth forecast amid Middle East war risks; US banks post strong Q1 earnings; AI drives corporate profits and TSMC outlook; markets eye US-Iran ceasefire.
1
IMF Downgrades Global Growth Forecast to 3.1%
The IMF revised its 2026 global growth forecast to 3.1% from 3.4% in 2025, citing war in the Middle East and geopolitical risks. The outlook assumes limited conflict duration with disruptions fading by mid-2026, but warns of high uncertainty.
Policymakers gather at IMF/World Bank Spring Meetings amid fragile economy.
2
US Big Banks Report Strong Q1 Earnings
Major US banks like Goldman Sachs and Bank of America exceeded profit estimates in Q1, driven by trading revenue and market volatility. Goldman Sachs achieved its best quarter in years amid resilient financial sector.
Earnings highlight adaptation to shifting capital flows despite macroeconomic risks.