Halfpoint Images | Moment | Getty Images Student loan borrowers in default got a reprieve last week: The Trump administration said Friday it would postpone forced collections, for now. The pause is an about-face for the U.S. Department of Education, which had announced in late December that it would start seizing defaulted borrowers’ paychecks as…
A trader works at the New York Stock Exchange (NYSE) next to a U.S. flag, after Republican Donald Trump won the U.S. presidential election, in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters The “Sell America” trade is in full swing Tuesday morning after President Donald Trump and European leaders escalated tensions…
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images President Donald Trump is showing the world “the U.S. is back,” Treasury Secretary Scott Bessent told CNBC, as tensions rise over the president’s bid to acquire…
As fresh talk of a U.S.-Europe trade war intensified on Tuesday, IMF Managing Director Kristalina Georgieva issued a stark warning to European leaders: “Get your act together.” U.S. President Donald Trump announced on Saturday that eight European allies would face increasing tariffs, starting at 10% on Feb. 1 and rising to 25% on June 1, if…
GREENBRAE, CALIFORNIA – MARCH 13: Bottles of French wine are displayed on a shelf at a BevMo store on March 13, 2025 in Greenbrae, California. U.S. President Donald Trump is threatening a 200 percent tariff on alcohol from European Union countries. Justin Sullivan | Getty Images News | Getty Images LONDON — European stocks sold…
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump has taken aim at another NATO ally on the eve of his appearance at the World Economic Forum in Davos this week,…
Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets were mostly lower on Monday as investors assessed renewed U.S. tariff threats tied to Greenland, raising concerns about escalating trade tensions with Europe. European states are reportedly discussing counter-tariffs and broader punitive economic measures in response to fresh tariff threats from President Donald Trump, further…
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Investor appetite for private credit remains undeterred even as warnings mount over looser loan approval and risk-assessment practices, as well as rising pockets of borrower stress. The troubles at First Brands Group last September became a flashpoint for critics of private credit after…
An aerial view of the town ahead of World Economic Forum (WEF), also known as Davos Summit in Davos, Switzerland on January 14, 2024. Anadolu | Anadolu | Getty Images J.P. Morgan CEO Jamie Dimon, Ukrainian President Volodymyr Zelenskyy and Nvidia CEO Jensen Huang are among the who’s who of political leaders, big-name CEOs and…
Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic outlook. U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14. It comes after U.S. President Donald Trump announced…
