Katie Stockton thinks she has a viable option for investors trying to withstand wild market swings. She manages the Fairlead Tactical Sector ETF (TACK), which is designed to be nimble in times of market stress. It’s not tied to an index. “What we try to do is help investors leverage the upside through sector rotation, but…
Ghana has banned all foreigners from trading in its local gold market as part of efforts to boost national revenue and streamline the country’s mining sector. It follows the enactment of a new law earlier this month that grants exclusive authority of gold mining to a new state body, the Ghana Gold Board (GoldBod). “All…
In this photo illustration, a double exposure images shows U.S. President Donald Trump against the EU flag. Sopa Images | Lightrocket | Getty Images European Union leaders urged a calm response to U.S. President Donald Trump’s tariffs that have battered global markets, days after a more bellicose China pulled the trigger on retaliation. “The reaction…
Pedestrians walk outside a Banca Monte dei Paschi di Siena SpA bank branch in Milan, Italy. Alessia Pierdomenico | Getty Images Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion euros ($14.3 billion) despite ongoing market turbulence, telling CNBC it will complete the deal…
(L-R) Apple CEO Tim Cook, Vivek Ramaswamy and Secretary of Homeland Security Kristi Noem attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. President in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Saul Loeb | Afp | Getty Images While the stock market broadly fared better…
Shares in the US stemmed their losses on Monday, as investors clung to hopes that US President Donald Trump would turn from tariffs to trade deals. The S&P 500, which tracks 500 of the biggest companies in the US, ended the day down about 0.2%, after a wild day of trading that saw shares gyrating…
Armin Papperger, Chairman of the Executive Board of Rheinmetall AG, stands at the annual press conference at Group headquarters. Picture Alliance | Picture Alliance | Getty Images European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn. U.S. President Donald Trump showed no signs of…
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics,…
As President Donald Trump’s “reciprocal” tariffs announcement sent shockwaves across Wall Street, the world’s richest people lost billions of dollars in net worth almost overnight. On Wednesday, Trump announced a baseline 10% tariff for imported goods from all countries set to take effect on April 5, and “individualized” tariffs as high as 50% on a…
A man checks his phone next to an electronic board showing stocks on the Heng Seng Index in Hong Kong on April 3, 2025. Peter Parks | Afp | Getty Images China’s Foreign Ministry on Saturday said “the market has spoken” following the U.S. imposition of sweeping new tariffs and called for the White House…
