De Beers cut its official diamond prices for the first time in more than a year, according to people familiar with the matter, ending its attempts to support the market in the face of slumping demand. The diamond industry has been beset by one of the deepest and most...

President Donald Trump’s duties on imported goods are paid almost entirely by American importers, their domestic customers and ultimately US consumers, a study from a German think tank concluded. “Foreign exporters did not meaningfully reduce their prices in response...

Market Crash expert and empirical data researcher Michael Markowski has identified two risks facing US and world stock markets. Michael predicted the media verifiable Collapses for the brokers including Lehman in September 2007. Both of the NEW risks emerged during...

The Trump administration’s latest attack on the Federal Reserve has stoked expectations that Jerome Powell will stay on the Board of Governors after his term as chair ends in May — setting up the optics of a rival center of influence inside the world’s most powerful...

Chinese banks helped clients sell a record amount of foreign currencies back into the yuan in December, supercharged by expectations of appreciation and increased seasonal demand. Onshore lenders sold a net $99.9 billion of foreign exchange on behalf of clients in...

Tensor Auto Inc., a startup that develops autonomous vehicles, is considering raising several hundreds million dollars ahead of a potential initial public offering in the US, according to people familiar with the matter. The San Jose, California-based company is...