What Happened in the World Economy This Week and What It Means

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Just when it looked like the global economy was running on all cylinders, President Donald Trump injected a degree of risk to the otherwise favorable outlook. The U.S. president announced on Thursday plans to impose 25 percent implications for a … Continued

Equity Rally Builds From Sydney to Hong Kong: Markets Wrap

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Asian equities rose, extending a two-week global rally, after U.S. stocks posted strong gains and Treasury yields steadied. U.S. monetary policy is back in focus with two appearances from Federal Reserve Chairman Jerome Powell. Stocks from Sydney to Hong Kong … Continued

Red Lights Flashing for Republicans Before Midterms

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History, demographics and the national mood are pointing to one conclusion about this year’s U.S. midterm congressional races, Greg Giroux reports: Democrats are well-positioned to bring one-party government in Washington to a screeching halt. Signs abound that Donald Trump’s fellow Republicans may … Continued

George Soros Says Trump Administration Is Danger to the World

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Donald Trump is risking a nuclear war with North Korea and predicts that the groundswell of opposition he’s generated will be his downfall. “I consider the Trump administration a danger to the world,” the billionaire investor said in a speech … Continued

Trump Ties Palestinian Aid Money to Peace Deal: Davos Update

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Billionaires, world leaders and investors are gathered in Davos, Switzerland, for the World Economic Forum’s annual meeting to hobnob and discuss topics ranging from the global economy and sexual harassment, to the risks and opportunities of artificial intelligence. Not to mention … Continued

Macron Says ‘France is Back’ as Trump Debut Nears: Davos Update

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Billionaires, world leaders and investors are gathered in Davos, Switzerland, for the World Economic Forum’s annual meeting to hobnob and discuss topics ranging from the global economy and sexual harassment, to the risks and opportunities of artificial intelligence. Not to mention … Continued

Asia Stocks Head for Fresh Record High, Oil Climbs: Markets Wrap

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Asian stocks extended the strong start to the year, heading for fresh all-time highs, as investors turn with optimism toward the earnings season after the U.S. government shutdown moved toward an end. Oil extended gains towards $64 a barrel. Equities in … Continued

Yellen Isn’t Buying Trump’s Tax Cut Talk of an Economic Miracle

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The Federal Reserve isn’t buying President Donald Trump’s argument that his tax cut package will lead to a significantly stronger, sustainable expansion of the economy. While the central bank would welcome such a development, outgoing Fed Chair Janet Yellen suggested … Continued

Trump Plans to Make Closing Argument for Tax Overhaul Wednesday

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Donald Trump will deliver a closing argument for the proposed Republican tax overhaul in a speech on Wednesday, said a person familiar with the matter. The president’s speech will take place in Washington, said the person, who wasn’t authorized to … Continued