Economics textbooks insist that stock prices reflect the future stream of a company’s profits on any given day. For all the brainpower devoted to these forecasts, however, they are essentially rough estimates of what may happen over the next twelve months and wild guesses about anything after that.

Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.

The US president is increasingly tying trade policy to geopolitics, using economic might to bend countries to his will

Gold climbed to a fresh record high after a U.S. government agency clarified that import tariffs would apply to one-kilo gold bars, sparking turmoil in the global bullion market.

U.S. gold futures climbed to a record high on Friday (August 8) after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.