Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said. In its latest World Economic Outlook, released Monday Washington time, the IMF sees the global economy growing 2.9% this year, up from its October projection of 2.7%. The IMF expects growth to accelerate to 3.1.% in […]
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S. court-ordered examiner report released on Tuesday showed. Crypto lenders such as Celsius boomed during the COVID-19 pandemic, drawing depositors with high interest rates and […]