In his State of the Union address, President Donald Trump described soon-to-launch Trump accounts as “tax-free investment accounts for every American child.” “This is something that’s so special, has taken off and gone through the roof,” Trump said in the annual speech before Congress. The accounts, created under Trump’s “big beautiful bill,” function largely like a traditional…
People watch performances to welcome the ‘God of Wealth’ during Lunar New Year festivities at Qianmen Street in Beijing, China, on February 21, 2026. Nurphoto | Nurphoto | Getty Images BEIJING — China’s consumer market is recovering — just enough that policymakers likely won’t need to roll out the large-scale stimulus that investors have long…
Europe has struggled to unite to meet the challenges of Russia’s full-scale invasion of Ukraine in the last four years. The threat from Russia, and the growing tensions with the U.S. under President Donald Trump, have fueled suggestions that the answer to Europe’s divisions, redundancies and duplications in its defense efforts is a single European…
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China’s central bank kept its benchmark lending rates unchanged Tuesday as authorities navigate a balancing act of supporting a slowing economy while maintaining currency stability. The People’s Bank of China held its 1-year and 5-year loan…
U.S. President Donald Trump gestures as he speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. Kevin Lamarque | Reuters The Supreme Court’s decision Friday to throw out a large number of tariffs…
On the heels of a massive publicity push, families have signed up about 3 million kids for Trump accounts, according to the U.S. Department of the Treasury — well ahead of the July launch date. The “free money” is likely a major incentive. The federal government has said it will make a one-time $1,000 contribution…
U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty Images Forty minutes before the federal government revealed that economic growth slowed sharply in the last quarter, President Donald Trump dropped a hint that the incoming data would be weaker. “The Democrat Shutdown cost…
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday. Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department,…
European stocks are set to open higher on Friday as traders awaited more earnings reports, and monitored tensions between the U.S. and Iran. Source link
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE LONDON — European stocks opened higher on Wednesday as investors weighed the latest U.K. inflation data and monitored global market developments. The pan-European Stoxx 600 was roughly 0.5% higher shortly after the open, and the U.K.’s FTSE 100 and France’s CAC 40…
