The IMF said it expects the U.S. economy to grow at a 2.1% clip this year and next, down from its prediction of 2.3% and 2.5%, respectively, that it published three months ago in its regular World Economic Outlook report.
"While the markdown in the 2017 forecast reflects in part the weak growth outturn in the first quarter of the year, the major factor behind the growth revision, especially for 2018, is the assumption that fiscal policy will be less expansionary than previously assumed, given the uncertainty about the timing and nature of U.S. fiscal policy changes," the IMF said. "Market expectations of fiscal stimulus have also receded."
The growth forecast for the U.K. in 2017 also was revised lower on weaker-than-expected activity in the first quarter.
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The deal came after WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms, the people told Reuters.
WebMD's websites include WebMD.com, Medscape.com and MedicineNet.com.
5. -- Jordan Spieth battled tough conditions, his swing and a surging Matt Kuchar on Sunday to win the Open Championship at Royal Birkdale Golf Club.
The win gives the the 23-year-old Spieth his third major championship. He now joins Jack Nicklaus as among the only golfers to win three parts of golf's Grand Slam before turning 24 years old.
Spieth netted $1.8 million for the win, bringing his career winnings on tour to $33 million.