The International Monetary Fund has cut its forecast for global growth, predicting a rise in global inflation and warning that the war with Iran is pushing growth lower compared to 2025. Medora Lee, money and personal finance reporter for USA Today, joins CBS News to discuss. Source link
IMF warns about risk of global recession as Iran war impacts energy costs – CBS News Watch CBS News The International Monetary Fund is warning about the risks of a global recession in its World Economic Outlook report as the U.S.-Israeli war with Iran impacts oil prices. CBS News business contributor Javier David has more. … Read more
Swedish candy’s global takeover – CBS News Watch CBS News Swedish candy has taken the world by storm. “CBS Saturday Morning” gets an inside look at why so many are flocking to try its unique flavors. Source link
The Economist Intelligence Unit has released its yearly report on the state of global democracy. Constance Hunter, chief economist for the Economist Intelligence Unit, joins “The Takeout” to discuss. Source link
America is moonstruck once more. With Artemis II and its four crewmembers returning to Earth after a record-breaking, and visually spectacular, trip around the moon, the U.S. love affair with lunar exploration has been renewed. Something else from that era may have been renewed as well. In the punch-counterpunch style of the 1960s, a rival nation’s … Read more
Wall Street surged in Wednesday premarket trading as oil prices plunged below $100 after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Futures for the S&P 500 jumped 2.7% before the opening bell and futures for the Dow Jones Industrial Average climbed 2.6%. Nasdaq futures … Read more
Trump administration H-1B visa program changes impact global talent pool – CBS News Watch CBS News Trump administration changes to the U.S. H-1B visa program have impacted the global talent coming to the U.S. CBS News’ Shanelle Kaul reports from India. Source link
Pope Leo XIV celebrated his first Easter Mass as pontiff with a call Sunday to exercise hope against “the violence of war that kills and destroys,” saying “we need this song of hope today” as conflicts spread around the world. With the U.S.-Israeli war on Iran in its second month and Russia’s ongoing campaign in … Read more
WASHINGTON — China is stepping up its diplomacy on the Iran war, putting forward a five-point proposal with Pakistan, rallying support from Gulf countries and opposing a United Nations proposal to use any force necessary to open the Strait of Hormuz. It is China’s latest push for a more prominent role in global affairs, though … Read more
Hyderabad, India — The city of Hyderabad has been called the Silicon Valley of India. “Google, Facebook, and all the other bigger companies are here,” Rajesh Jaknalli, who has worked for a U.S. tech company in Hyderabad for about 10 years, told CBS News. “This place is actually called High Tech City, but because of the … Read more