Chocolate makers slash price hedges in bet that bull market is over
Soaring cost of protection using futures contracts prompts some groups to gamble on market stabilising
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Trump says he has ‘no intention of firing’ Fed boss
Apparent de-escalation comes after days of intensifying criticism of the Fed Chief by the US president.
Cantor nears $3bn crypto venture with SoftBank and Tether
Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Musk to reduce Doge role after Tesla profits plunge
The tech boss says he intends to spend only one to two days a week on Trump administration matters.
Why should I care if the US dollar falls?
Why movements in the US dollar have a massive impact internationally – and how it could affect you.
Trump says China tariffs will drop ‘substantially – but it won’t be zero’
US president says tariffs on imported goods will come down from 145% rate but insists ‘we’re doing fine with China’
Donald Trump said during a White House news conference that high tariffs on goods from China will “come down substantially, but it won’t be zero”.
Trump’s remarks were in response to earlier comments on Tuesday by treasury secretary Scott Bessent, who said that the high tariffs were unsustainable and that he expects a “de-escalation” in the trade war between the world’s two largest economies.