JP Morgan Accepts Gold As Collateral

JP Morgan Chase is permitting its clients to use gold as collateral in some transactions, The Wall Street Journal reports. The bank will allow a hedge fund looking to borrow money for a short period...

Tesla Refunds Early India Bookings Signaling Entry Is Near

Tesla Inc.’s India office is refunding early bookers of its Model 3, according to emails seen by Bloomberg News, sparking speculation the American electric vehicle maker is nearing a rollout in the...

George Santos Gets Seven Years for Stealing Campaign Funds

Former US Representative George Santos, a onetime rising Republican star who falsely claimed to have worked for Goldman Sachs Group Inc. before running for Congress, was ordered to serve seven years...

Trump Says He Has No Intention of Firing Fed Chief Powell

President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates.

Barclays CEO Expects Dollar to Remain World’s Reserve Currency

The US dollar will “absolutely” remain the world’s only reserve currency, Barclays Plc Chief Executive Officer C.S. Venkatakrishnan said, even amid economic upheaval created by the Trump administra...

Trump Launches Critical Minerals Probe to Weigh New Tariffs

President Donald Trump has launched a probe into the need for tariffs on critical minerals, the latest action in an expanding trade war that has targeted key sectors of the global economy.

Nvidia Warns Trump Curbs on China AI Chips to Cost $5.5 Billion

(Corrects story originally published on April 16 to fix cost analysis originally misstated by Biden official in 13th paragraph and clarify the potential revenue impact on Nvidia. A previous version...

The Bank of England Flinched. Now It Needs a Full-Scale Retreat.

UK central bankers should stop selling the bonds they acquired during the pandemic to take pressure off borrowing costs.

Fed Leans Against Inflation and Away From Preemptive Rate Cuts

Federal Reserve officials are prepared to hold their policy rate steady to minimize the risk that President Donald Trump’s tariffs trigger a persistent rise in inflation, even if the labor market...

Live: Trump Tariffs Grip Markets