IMF Lifts 2026 Global Growth Outlook on AI Productivity Boost
The IMF raises its 2026 global growth forecast, citing AI-driven productivity gains and easing trade-related headwinds.
global economy
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Major Central Banks Issue Joint Statement Backing Fed Chair Powell
Global central banks issued a joint statement backing Fed Chair Jerome Powell and reaffirming support for monetary policy independence.
Gen Z Set to Become the World’s Wealthiest Generation, Study Finds
Gen Z is projected to become the wealthiest generation, with global earnings expected to exceed $36 trillion by 2030.
AI’s Environmental Cost Comes Into Focus as Power and Water Use Surge
Artificial intelligence is emerging as a major environmental burden, with new research estimating massive electricity consumption, water use, and carbon emissions tied to global data centers in 2025.
Goldman Sachs Says China’s Yuan Is 25% Undervalued, Sees Stronger Gains Ahead
Goldman Sachs says China’s yuan is roughly 25% undervalued on a trade-weighted basis and is likely to appreciate more than current 2026 forward pricing suggests.
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Gold’s Market Value Surpasses $30 Trillion for the First Time in History
Gold’s global market capitalization has surpassed $30 trillion for the first time ever, fueled by record prices above $4,280 per ounce and sustained safe-haven demand amid global uncertainty.