IMF downgrades growth forecasts. Coal prices in China hit fresh highs. Bitcoin bashed by JPMorgan CEO.

Published: Oct. 12, 2021, 9:44 p.m.

Julia Chatterley is live from New York. Here are the top business news stories today!\n\n\xa0\n\nRising risks! The IMF shaves growth forecasts amid rocketing prices, COVID-19 concerns, and supply chain fears. Costly coal! Coal prices in China hit record highs as flooding impacts mining. \xa0Bashing bitcoin! JPMorgan's Jamie Dimon says the cryptocurrency is worthless.\n\n\xa0\n\nIt\u2019s Tuesday, let\u2019s make a move.\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\nLearn more about your ad choices. Visit megaphone.fm/adchoices