

Kevin Granville
Posts

Markets Gain After Trump Says He Has No Plans to Oust Fed Chief
Remarks by President Trump and his Treasury secretary fueled a rebound in global stocks, extending a surge that started on Wall Street.

Gold Price Sets Another Record as Trump’s Tariffs Unnerve Markets
President Trump’s tariffs and his attacks on the Federal Reserve continue to unnerve the markets, pushing investors away from the dollar and toward havens like...

Markets Slump on Persistent Concern That Tariffs Will Hurt Growth
Trump’s tariffs continued to jar investors on Monday as stocks in Asia mostly fell and the U.S. dollar weakened.

BYD, a Chinese Electric Car Giant, to Build a Plant in Hungary
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.

U.K. Economy Grows Weakly
A small acceleration in the second quarter was better than analysts had expected.

Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
It was a steep fall from last year’s record profit, but still enough for the company to introduce additional dividend payments and increase capital investment.

Richard Branson’s Virgin Orbit Files for Bankruptcy
The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January.