Gold prices retreated from a fresh record high hit on Tuesday, but remained 1.5% higher than the previous trading day. President Donald Trump’s threat to dismiss US Federal Reserve Chair Jerome Powell triggered a flight to safe-haven assets, driving gold prices to unprecedented highs on Tuesday. “Bullish traders pause for a breather…
As Beijing halts deliveries of Boeing’s US-made aircraft in response to new tariffs, Asian airlines are sensing an opportunity…
What used to be an independent body, the Federal Reserve, is now part of the political discussions under the…
Pope Francis, the Argentine Jesuit who became the first Roman Catholic pontiff from the Americas, has died, the Vatican…
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest…
A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices,…
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability…
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government…
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s…