40 h. ago Gold standard! A bar is £1million for first time after investors raced to purchase the precious metal to protect their savings from the impact of Donald Trump's trade war

The precious metal has been in high demand among investors trying to protect their savings from the impact of Donald Trump's trade war.

Economics

6 d. ago ‘We waited greedily for his novels’: Mario Vargas Llosa, a revolutionary of Spanish

His breakthrough book was deemed too inflammatory to be taught in my school, and was burned by authorities, but this Peruvian firebrand would reveal himself to be a man of contradictionsThe early 1960s was, for my generation in Argentina, an age of discovery when, in our mid-teens, we learned about sex, metaphysics, the Beatles, Ezra Pound, Che Guevara, Fellini’s films, and the new literature of Latin America. In the bookstore around the corner from my school, there began to appear novels with black-and-white photographs on the dust jackets whose Spanish-language authors, while acknowledging Borges as the fons et origo of all literary endeavours, attempted to find in the 19th-century European realists new ways to depict the troubled reality of Spain and South America.One of those novels was La Ciudad y los Perros (The City and the Dogs, oddly translated into English as The Time of the Hero) by a young, unknown Peruvian writer, Mario Vargas Llosa, who, in 1962, had won the recently c...

Politics

6 d. ago Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on ChinaPeople in the US: tell us how you think Trump’s first 100 days have gone so farBillionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies.Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said: “I think that right now we are at a decision-making point and very close to a recession. And I’m worried about something worse than a recession if this isn’t handled well.” Continue reading...

Economics

7 d. ago How YOU can invest like the legendary Warren Buffett: Of the world's 10 richest billionaires he's the only one who grew his fortune last week... here's how

As investors worldwide nursed huge losses in the wake of US President Trump's tariff wars last week, one escaped relatively unscathed.

Economics

8 d. ago Inside the vast stock buying surge 18 minutes before Trump's tariff U

Minutes before President Donald Trump's tariff pause, investors made strangely prudent financial moves. 

Politics

9 d. ago Dollar and Treasuries sell off as Trump’s China tariffs spook investors

Scale of US levies on Chinese goods deepens recession fears

Economics

9 d. ago US markets close with steep losses as Trump tariffs branded ‘worst self

Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policyChina and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Economics

9 d. ago Investors in Trump’s America can no longer see around corners

Regular guidance from executives on the near-term path of profit just got more elusive

Politics

1 week ago Trump brags to NASCAR drivers that friend Charles Schwab made $2bn from stock market chaos

Video captured by the White House shows Donald Trump bragging that friend and investor Charles Schwab made two billion dollars from the current stock market chaos.

Politics

1 week ago Uncertainty persists even after Trump’s ‘capitulation to markets’, investors say

Goldman Sachs rapidly reverses call for recession after president’s U-turn

Economics

1 week ago US government debt sinks as pivotal $39bn Treasury auction looms

Investors contend with fallout as Donald Trump’s sweeping tariffs come into effect

Economics

1 week ago Big Short investor reveals why Trump will win global tariff trade war as he gives brutal advice to Canada and Mexico

Eisman - whose own exploits during the 2008 market crash were chronicled in Hollywood blockbuster The Big Short - said Trump (right) could get 'pretty much what he wants' out of the tariffs.

Economics

1 week ago How ‘crypto president’ Trump caused biggest crash in history

More than $1.3 trillion has been wiped from the market since January, writes Anthony Cuthbertson, as pro-Trump investors lament ‘self-induced economic nuclear winter’

Politics

1 week ago The weekend Trump’s tariff threats became real for global investors

If global long-only funds start to rotate out of risk the market turmoil could get worse

Economics

2 w. ago Stock market closes week in bloodbath as Trump’s tariffs cause historic two

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

2 w. ago Wall Street selloff caps brutal week for markets as Trump tariffs rattle investors

Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff planWall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’s risky bid to overhaul the global economy with sweeping US tariffs.The US president doubled down on his plan on Friday, insisting he would not back down even as the chairman of the Federal Reserve warned it would likely raise prices and slow down economic growth. Continue reading...

Economics

2 w. ago Dow Jones has lost 2,000 points on Friday as stock bloodbath continues in wake of Trump’s tariffs

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

2 w. ago JPMorgan now predicts a 60 percent chance of a recession this year as Trump’s tariffs rock stock market

The Dow Jones fell 1,000 points at opening on Friday as investors reels from Trump’s tariff announcement

Economics

2 w. ago Stock markets continue to fall as fears over Trump’s trade war dragging down the economy fuel sell

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Politics

2 w. ago Stock markets expected to continue plunge as investors fear impact of Trump’s tariffs and China’s response

Friday’s stock market comes after a historically bad day as investors react to Trump’s tariff plan

Economics