Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce … Read more

Government shutdown: Republicans consider escape hatch as Congress careens toward deadline

Government shutdown: Republicans consider escape hatch as Congress careens toward deadline

U.S. Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks to the Senate Chambers in the U.S. Capitol in Washington, Jan. 27, 2026. Anna Moneymaker | Getty Images Republican senators appear to be opening the door to preventing a partial government shutdown as the chamber prepares to start voting on a … Read more

‘ICE is not a law unto itself,’ Minnesota judge says after immigrant released following contempt threat

‘ICE is not a law unto itself,’ Minnesota judge says after immigrant released following contempt threat

Todd Lyons, acting director of Immigration and Customs Enforcement, speaks during a press conference about “Operation Midway Blitz,” an immigration enforcement campaign, at a hangar in Gary, Indiana, Oct. 30, 2025. Leah Millis | Reuters A top Minnesota federal court judge on Wednesday blasted the U.S. Immigration and Customs Enforcement agency for violating nearly 100 … Read more

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

S&P 500 touches record 7,000 level, but gain fades as Fed keeps rates on hold: Live updates

A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000 … Read more

Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. … Read more

Canada’s Carney to Trump: ‘I meant what I said in Davos’

Canada’s Carney to Trump: ‘I meant what I said in Davos’

Canada’s Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent’s claim that, in a private call with President Donald Trump, he had backtracked on some … Read more

ICE chief ordered to appear in Minnesota federal court, judge threatens contempt ruling

ICE chief ordered to appear in Minnesota federal court, judge threatens contempt ruling

Todd Lyons, acting director of U.S. Immigration and Customs Enforcement, or ICE, participates in a television interview outside the White House, in Washington, Nov. 3, 2025. Brendan Smialowski | AFP | Getty Images A top federal judge in Minnesota ordered the acting head of U.S. Immigration and Customs Enforcement to personally appear at a hearing … Read more

GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs

GM expects to top Ford in U.S. vehicle production as it faces up to  billion in tariff costs

General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in … Read more

The ‘middle powers’ are having a moment, but can they stand up to Trump?

The ‘middle powers’ are having a moment, but can they stand up to Trump?

(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session … Read more

European stocks rise after EU lands ‘mother of all deals’ with India

European stocks rise after EU lands ‘mother of all deals’ with India

Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks opened broadly higher on Tuesday, as investors reacted to the European Union’s landmark trade deal with India and braced for a flurry of corporate earnings. Twenty minutes into the trading session, the pan-European Stoxx 600 was 0.3% higher, … Read more