Gold held a three-day advance, as US President Donald Trump announced a highly-anticipated trade deal with Japan, signaling progress on fraught talks ahead of his Aug. 1 tariff deadline.
President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.
U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and said regulators should consider scrapping a "flawed," Biden-era proposal for a dual capital requirement structure for
Its not just bitcoin (BTC-USD) that corporate treasuries are buying. A handful of firms are scooping up ethereum — or its native token, ether (ETH-USD) — as a way to gain exposure to the tech infrastructure behind decentralized finance and digital assets
Asian shares and the yen held their ground on Monday as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants.
A closer look at recent economic data reveals a decline in discretionary spending on services, according to a recent note from Wells Fargo, which said the metric historically has fallen during or immediately after recessions. That belies the overall narra
Jerome Powell offered his first detailed defense of a $2.5 billion renovation of the Federal Reserves headquarters, arguing in a Thursday letter to White House budget director Russell Vought that "we take seriously the responsibility to be good stewards
The House passed bills that establish the first federal framework for dollar-backed stablecoins and outline how other digital assets will be regulated, major victories for an industry that has pushed for more favorable oversight in Washington, D.C.
President Donald Trump has dialed down his confrontational tone with China in an effort to secure a summit with counterpart Xi Jinping and a trade deal with the world’s second-largest economy, people familiar with internal deliberations said.
Bank of America CEO Brian Moynihan said Wednesday the company is looking for "legal clarity" as it explores stablecoin initiatives.
JPMorgan Chase (JPM) CEO Jamie Dimon and Citigroup (C) CEO Jane Fraser both said Tuesday they are going to get involved in stablecoins, the latest evidence of how Wall Street is pivoting to embrace digital assets as federal lawmakers debate new legislatio
Inflation accelerated last month with global trade turmoil exacting a toll on consumer prices. The Consumer Price Index rose 2.7% over the prior year in June, an uptick from Mays 2.4%.
A number of Wall Street firms are raising their S&P 500 (^GSPC) targets as initial investor panic from President Trumps "Liberation Day" tariffs continues to subside — but that doesnt mean strategists are expecting a solid run higher for stocks in the s
Junes Consumer Price Index (CPI) is expected to show prices rose at a faster clip compared to May. The report, due Tuesday at 8:30 a.m. ET, comes as investors closely monitor whether President Trumps tariffs are starting to filter through to what consum
Gold (GC=F) gained, bolstered by haven demand as traders weighed fresh tariff threats from President Donald Trump after he declared a 30% rate for the European Union and Mexico effective next month.
