The International Monetary Fund anticipates a net income of approximately $2.5 billion for the 2026 financial year, with projections for $2.6 billion in both 2027 and 2028. Precautionary balances are set to reach $35.9 billion by 2026. The IMF will maintain its lending rate margin at 60 basis points for member countries.
US stocks today: S&P 500 ends down as AI worries hit chipmakers
U.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semiconductor firms weighed on