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Gold hits $3,500 for first time as Trumpโs attack on Powell rattles markets
S&P 500 index rebounds after fall on Monday
Published on: April 22, 2025 | Source:
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Trumpโs trade shock hits the global economy
The IMF is trying to make sense of the unknowable
Published on: April 22, 2025 | Source:Bessent Expects Tariff Standoff With China to De-Escalate
US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China cannot be sustained by both sides and that the worldโs two largest economies will have to find ways to de-escalate.
Published on: April 22, 2025 | Source:Canadaโs Conservatives Pledge to Cut Taxes, Shrink Deficits
Canadaโs Conservative Party is promising to run smaller deficits than the incumbent Liberals as it bets heavily on tax cuts and deregulation spurring an economic boom, especially in the countryโs energy sector.
Published on: April 22, 2025 | Source:Hedge fund Elliott turns up heat on BP with demand for deep spending cuts
US activist discloses 5% stake and warns pivot back to oil and gas does not go far enough
Published on: April 22, 2025 | Source:Rubio Plans to Close Offices in State Department Overhaul
Secretary of State Marco Rubio announced plans to reorganize what he called a โbloatedโ State Department, vowing Tuesday to cut programs and close offices but stopping short of a proposed executive order that outlined even more drastic changes.
Published on: April 22, 2025 | Source:Google says DOJ's proposal for breakup would harm U.S. in 'global race with China'
As Google enters the court room for its antitrust remedies trial, the company is trying to position itself as a key piece of American innovation.
Published on: April 22, 2025 | Source:Trump fires at the Fed. Americaโs economy is collateral damage
The president may test legal bounds as he tries to sway Jerome Powell
Published on: April 22, 2025 | Source:U.S. still Europe's most trusted ally despite tariff threat, Polish finance minister says
Poland's finance minister said it was crucial for the EU to find ways to increase trade with the U.S., with defense a possible area for increased cooperation.
Published on: April 22, 2025 | Source:Hegseth Remains Defiant After Second Signal Chat Episode
Defense Secretary Pete Hegseth remained defiant in the face of criticism over his use of a second Signal group text chat to share information linked to an attack on Houthi rebels, blaming people he said were trying to undermine the administration.
Published on: April 22, 2025 | Source:India's Modi and U.S. Vice President Vance optimistic on New Delhi-Washington trade deal
Modi's office said the two leaders "welcomed the significant progress in the negotiations for a mutually beneficial India-U.S. Bilateral Trade Agreement."
Published on: April 22, 2025 | Source:IMF slashes UK's growth forecast, points to U.S. tariffs and borrowing costs
The International Monetary Fund downgraded the U.K.'s 2025 growth forecast in its latest economic outlook released on Tuesday.
Published on: April 22, 2025 | Source:'Consumers are insecure': No recovery in sight for struggling cocoa market, Lindt CEO says
Lindt's Lechner said "the magnitude of these increases in raw material forced us, also, in the last years, to pass on a certain amount to the consumers."
Published on: April 22, 2025 | Source:Trump Sonsโ Bitcoin Mining Partners Had Run-Ins With Regulators
To break into the cryptocurrency mining industry, Eric Trump and Donald Trump Jr. are teaming up with executives who previously founded a miner with the backing of investors implicated in an illegal penny-stock pump-and-dump operation.
Published on: April 22, 2025 | Source:Trumpโs Tariffs Risk Pushingย Cambodia Further into Chinaโs Embrace
A massive canal highlights Beijingโs deep investment in Cambodia just asthe US is pulling back, leaving the Southeast Asian nation with less room to balance ties.
Published on: April 22, 2025 | Source:Roche to invest $50 billion in the U.S. as pharma tariff threat lingers
Swiss pharmaceutical giant Roche on Tuesday said that it would invest $50 billion in the United States.
Published on: April 22, 2025 | Source:Chinaโs CATL claims to beat BYD's EV battery record with longer range on a 5-minute charge
China's CATL has announced a set of new incoming products, including a battery it claims has set a "new global record for superfast charging technology."
Published on: April 22, 2025 | Source:CNBC Daily Open: Investors grow wary of U.S. assets as Trump intensifies attacks on Powell
With no market closure to shield shares from U.S. President Trumpโs threats of interfering in the Federal Reserve, investors unloaded their stocks.
Published on: April 22, 2025 | Source:5 European stocks to watch this earnings season as Trump's tariffs hit
The scale of President Donald Trump's tariffs has exceeded even the most bearish forecasts โ and could impact these five major European firms.
Published on: April 22, 2025 | Source:As the dollar falters, the worldโs central banks tread a tightrope โ devalue their currency or not
Uncertainty about U.S. policymaking has led to the dollar index weakening more than 9% so far this year. Market watchers see further declines.
Published on: April 22, 2025 | Source:Dropshippers reel from Trump's tariff gut punch: 'Profit margins have now been slashed'
"At the moment, we're seeing about a 33% decrease in revenue," said e-commerce entrepreneur Kamil Sattar, in reaction to the U.S. tariffs on China.
Published on: April 22, 2025 | Source:U.S. chip controls will benefit China's Nvidia rivals like Huawei: Analystsย
U.S. export controls on Nvidia's AI chip sales to China will boost its rising domestic AI chipmakers such as Huawei, semiconductor analysts say.
Published on: April 22, 2025 | Source:Japan's Nomura to buy Macquarie's U.S. and European public asset management business for $1.8 billion
This would increase the assets under management of Nomura's investment management division to $770 billion, up from the $590 billion currently.
Published on: April 22, 2025 | Source:Dropshippers reel from Trump's tariffs gut punch: 'Profit margins have now been slashed'
"At the moment, we're seeing about a 33% decrease in revenue," said e-commerce entrepreneur Kamil Sattar, in reaction to the U.S. tariffs on China.
Published on: April 21, 2025 | Source:FirstFT: China cuts off new investment in US private equity
Also in todayโs newsletter, CATL unveils breakthrough in EV batteries, and the legacy of Pope Francis
Published on: April 21, 2025 | Source:The biggest questions facing Big Tech ahead of earnings
All of the megacap companies have significant exposure to President Donald Trump's sweeping tariffs, which will be a major topic on earnings calls.
Published on: April 21, 2025 | Source:Harvard sues Trump administration over funding freeze
University accuses government of making โsweeping and intrusive demandsโ
Published on: April 21, 2025 | Source:Pope Francis dies aged 88
Vatican announces death of Argentine pontiff on Monday morning after 12 years at head of Catholic Church
Published on: April 21, 2025 | Source:Harvard Intensifies Funding Fight With Trump Administration
Harvard University sued several US agencies and top officials for freezing billions of dollars in federal funding, significantly ratcheting up a high-stakes showdown with the Trump administration.
Published on: April 21, 2025 | Source:Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting
Trump's aggressive tariff policies have caused uncertainty both for investors and business leaders, many of whom rely heavily on imported goods.
Published on: April 21, 2025 | Source:US stocks and dollar sink as Trump renews attacks on Fed chair Powell
Currency sell-off intensifies after president steps up criticism of central bank head for not cutting rates
Published on: April 21, 2025 | Source:Tesla shares tumble ahead of first-quarter earnings report
Tesla shares dropped almost 6% on Monday, a day before the company is scheduled to release first-quarter earnings.
Published on: April 21, 2025 | Source:U.S. dollar falls to three-year low as Trump's Powell threats further dent investor confidence
The dollar hit its lowest level since March 2022, continuing an April slide.
Published on: April 21, 2025 | Source:Look inside: We spent $64 million turning an old Virginia prison into an apartment complexโ 'it's important to preserve history'
The Lorton Reformatory was built in 1910 and shut down in 2001. Now the 2,400-acre property houses apartments, a preschool, restaurants and more.
Published on: April 21, 2025 | Source:FTC sues Uber over โdeceptiveโ subscription service
The US regulatorโs legal action is the latest move against Big Tech under Donald Trump
Published on: April 21, 2025 | Source: