The financial markets are belief systems. They believe in earnings, in productivity, in institutions. When those beliefs hold, valuations stretch upwards. But when they crack, everything snaps. On Monday,…
The British pound continued its winning streak on Tuesday, climbing to $1.342 against the US dollar—its strongest level since September. Sterling has risen against the dollar for the…
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…
President Donald Trump’s sustained public criticism of Federal Reserve Chair Jerome Powell, stemming from the central bank’s current stance against further interest rate cuts, has sent ripples of…
Shares of metal companies rose up to 2% on Monday, tracking gains in broader markets, after the Indian government imposed a 12% safeguard duty on certain steel imports.…
Pope Francis, the Argentine Jesuit who became the first Roman Catholic pontiff from the Americas, has died, the Vatican announced Monday. He was 88.The news was delivered in…
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest rates, and plays a central role in financial stability. Its…
What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump administration.President Donald Trump has escalated his attacks on…
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in its most iconic creations—the Birkin and the Kelly…