Wall Street Says BUY GOLD, But...
While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.
Asian shares mostly gain as eyes turn to meetings at the White House and Jackson Hole
BANGKOK (AP) — Asian shares were mostly higher Monday after U.S. stocks edged back from their record levels on Friday.
China's economy lags in July under pressure from tariffs and a weak property market
BANGKOK (AP) — China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday.
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Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank for a fifth straight meeting and said the job market was “solid.”
Asian shares mostly gain after uptick in inflation pulls US stocks lower
MANILA, Philippines (AP) — Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said last month at the U.S. wholesale level than economists had expected.
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Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course
WASHINGTON (AP) — Michigan Gov. met privately in the Oval Office with to make a case he did not want to hear: the automotive industry he said he wants to save were being hurt by
Trump's broad tariffs go into effect, just as economic pain is surfacing
WASHINGTON (AP) — President Donald Trump was set to officially begin on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has for the U.S. economy.
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Trump injects new dose of uncertainty in tariffs as he pushes start date back to Aug. 7
WASHINGTON (AP) — For weeks, President Donald Trump was promising the world economy would change on Friday with his . It was an ironclad deadline, administration officials assured the public.
US economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from .
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Federal Reserve likely to air divisions as it keeps rates unchanged
WASHINGTON (AP) — Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division at the Fed that reflects the economy's muddy outlook and possibly the jockeying to replace Chair Jerome Powell when his term ends in May 2026.
IMF upgrades outlook for global economy, citing less-than-expected damage from Trump's trade wars
WASHINGTON (AP) — The International Monetary Fund is upgrading the economic outlook for the United States and the world this year and next because President Donald Trump’s protectionist trade policies have so far proven less damaging than expected.
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US-China trade talks: Can China reduce its export dependence?
BEIJING (AP) — China’s high will likely be a key focus of of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.
Trump to visit Federal Reserve headquarters as feud with its chair continues
WASHINGTON (AP) — President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell's on two Fed buildings could be grounds for firing.
Wall Street Says BUY GOLD, But... - Ad
While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.
As the going gets tough in South Sudan, some artisans offer cheap footwear made from rubber tires
WAU, South Sudan (AP) — From Rwanda to Kenya, fashioning footwear from discarded tires has long been a mark of local ingenuity.
Retirees, here’s how to tweak the 4% rule to protect your nest egg
New retirees might enter a different environment than their predecessors—the economy or market might have changed slightly or dramatically.
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UK Treasury chief says she'll slash finacial services red tape to boost investment
LONDON (AP) — U.K. Treasury chief said Tuesday that she’ll cut red tape for banks and finance firms so that “informed risk-taking” can help kickstart Britain’s .
White House budget director accuses Fed chair of violating building rules in renovation
WASHINGTON (AP) — White House budget director Russell Vought suggested in a Thursday letter that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.
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Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stance
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday stuck to that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's effect the economy, despite the from the White House, which wants lower borrowing costs.
Asian shares are mostly higher after US stocks rise to the brink of a record
MANILA, Philippines (AP) — Asian were mostly higher on Friday after U.S. stocks ran up to the edge of another record. U.S. futures and oil prices also logged slight gains.
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Powell says Fed can wait to reduce interest rates as Trump demands cuts
WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance with President Donald Trump’s calls for immediate cuts.
'Purgatory:' Fed officials left in limbo as tariffs complicate this week's rate decision
WASHINGTON (AP) — The U.S. economy is but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
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Spain's economy minister says 'overtourism' challenges need to be addressed
MADRID (AP) — Spain could receive as many as 100 million tourists this year, according to some projections, which the country’s economy minister said poses challenges for residents that the government can no longer afford to ignore.
Lebanon aims to lure back wealthy Gulf tourists to jumpstart its war-torn economy
BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea.
Elon's New Device Could Launch Biggest IPO of the Decade - Ad
Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.
Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data
TOKYO (AP) — Asian shares were mixed on Thursday, as Wall Street’s lost some momentum following a pair of potentially discouraging reports on the American economy.
Business News Digest
AP Business Digest
The Tesla Shock Nobody Sees Coming - Ad
While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.
Dollar General posts record sales as bargain stores attract more people anxious about the economy
Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores and off-price retailers amid .
Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate
WASHINGTON (AP) — The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate.
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