Breaking News: Economy
Australia’s consumer inflation holds steady in April, rate cuts still in view
Customers purchase produce from stalls at Carriageworks Farmers Market in Sydney, Australia, on Saturday, April 26, 2025. Bloomberg | Bloomberg | Getty Images Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, although the monthly measure tends to be volatile and left hopes for more interest rates […]
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Trump to pardon reality TV stars Todd and Julie Chrisley, convicted of fraud and tax evasion
Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark’s “Home & Family” at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty Images President Donald Trump said Tuesday that he will pardon reality television stars Todd and Julie Chrisley, who were convicted of tax evasion and […]
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Trump threatens to withhold California’s federal funding over transgender athlete
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton fires. Mandel Ngan | AFP | Getty Images President Donald Trump on Tuesday threatened […]
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Trump hails ‘positive’ step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters U.S. President Donald Trump said Tuesday he was monitoring “positive” steps in trade talks with the European Union, after he agreed to delay a 50% tariff on […]
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Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]
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India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy
“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates […]
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China’s industrial profits rise 3% in April after output beat estimates despite U.S. tariffs
An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty Images China’s industrial profits rose for a second straight month in April, official data showed Tuesday, despite prohibitive U.S. tariffs and persistent deflationary […]
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The ultra-rich are increasingly parking their gold in Singapore as global risks and Trump volatility mount
“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” says Gregor Gregersen, founder of The Reserve. Alessia Pierdomenico | Bloomberg | Getty Images The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore […]
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It’s the last chance for Southwest plane tickets with two free checked bags, as policy ends in days
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois. Scott Olson | Getty Images Set your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century. Starting […]
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House budget bill draws Senate GOP pushback: ‘They’re going to explode the debt’
Sen. Ron Johnson, R-Wis., is seen in the U.S. Capitol during a series of votes on Thursday, April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Ron Johnson said Sunday that he thinks he has enough GOP colleagues on board with his opposition to the House’s “big, beautiful bill” to stall […]
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