Business

Gold rallies to record on trade war concerns and weaker dollar

Gold hit a record as the debilitating US-led trade war underpinned demand for haven assets, with data due in the ...

Tesla bull calls ‘code red’ saying Musk needs to leave DOGE

Wedbush Securities analyst Dan Ives is sounding another loud alarm bell for Tesla Inc., warning that CEO Elon Musk faces ...

El Salvador offers to swap Venezuelan US deportees for political prisoners

Trump administration has been accused of abusing rights of migrants sent to foreign prison without trial

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

UAE set to use AI to write laws in world first

Gulf state expects move will speed up lawmaking by 70% but experts warn of ‘reliability’ issues with artificial intelligence

Kansas City was once a hub for federal workers—but now it’s overrun with pain from DOGE cuts. ‘The poor will become even more poor now’

In her 28 years working for the federal government, Shea Giagnorio provided day care for the children of U.S. soldiers, ...

Global confidence slumps as trade turmoil looms over IMF meetings

Tariff shock and market slide are among rising threats to growth, Brookings-FT Tiger index shows

Chicago Fed President Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’

Israeli military admits ‘professional failures’ in killing of 15 medics in Gaza

IDF says a commanding officer will be reprimanded and a deputy commander dismissed over inaccurate accounts

Republican senator backs Powell over Trump attacks on Fed

Banking committee member John Kennedy says US central bank ‘ought to be independent’

Imagine what would happen if America left the IMF

Withdrawal would undermine US international prestige and the privileged role of its financial institutions

US explores drastic cuts to state department operations

Trump administration floats closure of African embassies in draft executive order but Marco Rubio calls proposal a ‘hoax’

Threat to U.S. exceptionalism spurs rush for emerging local bonds

Reeves to press case for global free trade in US talks

Chancellor also hopes to get better tariff deal for UK in meeting with Treasury secretary Scott Bessent

Trump reportedly drafted an executive order for ‘a disciplined reorganization’ of the State Department that would shut down embassies and cut climate change and refugee offices

Putin accused of violating Easter Sunday truce he ordered

Ukraine’s President Volodymyr Zelenskiy accused Kremlin forces of violating a 30-hour Easter Sunday truce declared by Russian President Vladimir Putin, ...

First shockwaves of Trump’s tariffs are about to hit the world economy

New parents are worried Trump’s tariffs will make having a baby prohibitively expensive. ‘Babies don’t stop being born because there’s tariffs’

Sam Rutledge and his wife have a baby due in mid-July, so they thought they had a few more months to research ...

Cocoa: a bittersweet tale

Markets have been hoppier than an Easter bunny

Premium chocolatiers thrive as consumers develop taste for luxury

High-end brands shrug off volatile cocoa prices to enjoy a boom in demand as buyers ‘trade up’

Not all degrees are a waste of time and money: These majors will lead to six figure salaries after college

Musk’s cost-cutting team sets its sights on US’s National Gallery

Move by Doge comes as Trump administration is seeking changes to America’s cultural institutions

Vanguard’s chief advice expert says Gen X should make one simple move to boost retirement savings

Hedge funds are the new ‘shadow banks’—and some are worried they pose a systemic threat to financial stability

Here’s everything that is open (and closed) on Easter 2025

Easter is one of the holiest days in Christianity. It’s a great time to get together with friends and family. ...

Battered by tariffs and boycotts, Tesla really needs a successful robotaxi launch—and it needs to be on time

CEO of $3 billion company asks himself one question before bed every single night—and he urges Gen Z to do the same

Hospitality turns to baby boomers to ease staff shortage

Industry has second-highest employment growth for over-50s as it offers flexibility and social connection

China’s rare earths controls prompt fears of auto shortages and shutdowns

Traders and executives warn of limited inventories and a risk of disruption to automotive production

Hungary would hurt EU taxpayers by lifting Russia sanctions, warns Estonia

Foreign minister says unfreezing €210bn of Russian assets would leave Europe footing the bill for loans to Kyiv