Economy

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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‘Buckle up, this ride’s far from over’: Trump’s EU tariffs delay is no guarantee trade tensions won’t escalate, market watchers say
President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. Evan Vucci | AP Photo Investors should “buckle up” for more volatility as the potential for a trade war has not completely dissipated despite U.S. President Donald Trump’s delay of rolling […]
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Here’s how many fake reviews Tripadvisor found on its website in 2024
Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake, according to the company’s “Transparency Report 2025.” That’s more than twice the number detected in 2022, according to company reports. But that doesn’t mean the number of fake reviews on the site doubled, said Becky Foley, vice president and head of […]
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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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House Speaker Johnson downplays deficit concerns as budget bill faces skeptics in Senate
U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee’s hearing on U.S. President Donald Trump’s plan for extensive tax cuts, on Capitol Hill, in Washington, D.C., U.S., May 21, 2025. Nathan Howard | […]
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Trump touts changes to military in campaign-style West Point graduation address
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump touted his administration’s changes to the military during a commencement address at the U.S. Military Academy at West Point on Saturday […]
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Elon Musk’s X down for tens of thousands of users
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters The Elon Musk-owned social media platform X experienced outages on Saturday morning, with tens of thousands of users reportedly unable to […]
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Trump green-lights Nippon merger with US Steel
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images President Donald Trump said Friday that U.S. Steel and Nippon Steel will form a “partnership,” after the Japanese steelmaker’s bid to acquire its U.S. rival had been blocked […]
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Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton and more
Check out the companies making headlines in midday trading: Booz Allen Hamilton — Shares of the consulting firm lost 15% after Booz Allen Hamilton said it would cut roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some government spending under the Trump administration and expected ongoing pressure on its business in […]
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