Gold has crushed stocks, bonds and even bitcoin in 2025. This banking giant just got more bullish.
Imagine you have a treasure chest and you can fill it with toys, candies, or shiny gold coins. Over the year, you notice that the gold coins have beco...
The Fed is the best defense against U.S. sovereign downgrade, says rating agency
Imagine you have a piggy bank where you keep all your savings. If you keep borrowing money from your friends and don't have enough savings, your frien...
UK economy grows by better-than-expected 0.3% in second quarter
Imagine you have a piggy bank where you save money from your allowance. Every month, you hope to save a little bit more money than the last month. Now...
Cafe owner feared £24k energy bill would sink firm
Imagine you have a piggy bank where you save money to buy your favorite toys. But one day, someone tells you that you owe them a lot of money, way mor...
‘She lives alone’: My mother-in-law, 86, gets $1,300 in Social Security. Is that enough to live on?
Imagine you have a piggy bank where you save coins every time you do chores. When you're old, like grandma, you get to open a special piggy bank calle...
'The revisions are hard evidence': White House struggles to justify firing of BLS chief over weak jobs numbers
Imagine you have a teacher who tells you how many stars you got for your homework. One day, the principal fires the teacher because she said you only ...
How Florida quietly surpassed California in solar growth
Imagine you and your friend are having a lemonade stand competition to see who can sell more lemonade. Last year, your friend was the champion, but th...
Trump sacks BLS chief after poor jobs report, as credibility of U.S. economic data comes under fire
Imagine you made a big, colorful drawing at school and showed it to everyone. But one person said it wasn’t nice just because they were in a bad moo...
Reddit’s stock is soaring after earnings. This is why.
Imagine you have a lemonade stand that usually sells 10 cups of lemonade a day. One day, you decide to add cookies to your menu, and suddenly, you're ...
Passengers urged to check flights after disruption
Imagine you're trying to watch your favorite cartoon, but the TV suddenly stops working. You'd be really confused and upset, right? Well, something si...
GDP shows plump 3% growth rate in second quarter — but it’s not as healthy as it looks
Imagine you have a piggy bank where you keep adding more and more coins. If you count the coins every few months and see a lot more than before, you m...
UnitedHealth says 2025 earnings will be worse than expected as high medical costs dog insurers
Imagine you have a piggy bank where you save money from your weekly allowance to spend on toys and games. Now, let’s say toys suddenly start costing...
The two sides’ interpretations of the U.S.-E.U. trade deal are diverging already
Imagine you and your friend both have a box of crayons. You decide to trade some crayons so each of you can have more colors. But after trading, you t...
‘He is currently in jail’: My daughter’s husband has bipolar I disorder. Can he sign divorce papers?
Imagine you have a big box of crayons. One day, you decide you don't want to color with someone anymore because they keep breaking your crayons. But, ...
Trump gives Russia less than two weeks to reach peace deal with Ukraine
Imagine you have two friends who can't agree on how to share their toys, and this makes them very upset. One day, a big kid on the playground says, "H...
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
Imagine you have a super-duper smart friend who is really good at solving puzzles super fast. Now, imagine a company that makes these super smart frie...
US-China talks restart as hopes grow for trade war truce extension
Imagine you and your friend have a bunch of toys. Recently, both of you started arguing about who gets to play with what toy and when. Because of this...
Tesla plans 'friends and family' car service in California, regulator says
Imagine you have a toy car that can drive all by itself, like magic! Now, Tesla, a company that makes really cool electric cars, wants to let some peo...
S&P 500 scores 5th straight record high ahead of Europe-U.S. trade meeting
Imagine you have a piggy bank where you keep adding different kinds of coins every day because you think they will be worth more in the future. The S&...
Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
Imagine if you had a special box where you kept all your favorite toys, and every time you put a toy in the box, you got a sticker that showed exactly...
The S&P 500 just did something it’s only done four times in 50 years. Here’s what happened next.
Imagine if you had a magic coloring book that, most of the time, followed the same patterns of colors every year. But suddenly, one year, it colors a ...
Brazil’s trade-dependent stock market could soar if Trump’s tariffs are found to be illegal
Imagine Brazil as a big store that likes to sell lots of goods to friends in other countries. Now, imagine that one of the friends, let's say the USA,...
What the US-Japan deal means for Asia and the world
Imagine you and your best friend decide to trade snacks. You give them your apple, and they give you their cookies. But one day, a grown-up starts mak...
Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve
Imagine you have a big toy box where all your toys are supposed to be neatly organized, but you heard some toys might be hiding under a mess. Now, you...
Serious water pollution incidents up 60% in England, Environment Agency says
Imagine if someone accidentally knocked over a huge bottle of ink into a bathtub full of clean water. The water would get all dirty and yucky, right? ...
Sylvanian Families in legal battle over TikTok sex, drugs and murder videos
Imagine you have a box of your favorite action figures or dolls that you like to play with, and you pretend they are having a tea party or going on a ...
Elizabeth Warren targets price gouging and Trump in new bill as tariff costs, inflation increase
Imagine you're at a store, and you see your favorite chocolate bar usually costs $1. But one day, you go to the store and see it now costs $5! That's ...
UK's most powerful supercomputer comes online
Imagine you have a super-duper fast and smart robot that can do your math homework in a blink! Now, the UK has just turned on a very big and powerful ...
Indian Software Exporters Remain Worst Performers on Weak Earnings
Imagine if you have a lemonade stand where you usually sell a lot of lemonade and make good money. But suddenly, you're not selling as much because yo...
VP Bank's Brill: Trump's Powell Attacks Threaten Dollar
Imagine you have a favorite toy, and everyone else thinks it's super cool because you take good care of it and always play nicely. But then, you start...
Japan’s exports fall for second straight month with no U.S. trade deal in sight, raising recession fears
Imagine you have a lemonade stand where you sell lemonade to your friends. Now, imagine if suddenly, your best friend, who buys most of your lemonade,...
Monte Paschi Plans to Replace Mediobanca CEO, Lovaglio Says
Imagine you have a big box of crayons (that's Banca Monte dei Paschi), and there's another kid with an even bigger box of crayons (that's Mediobanca)....
Crypto bounces on renewed optimism House could pass key stablecoin legislation this week
Imagine you have a piggy bank filled with special tokens that can change value based on how much people like them. One day, everyone is super excited ...
Wholesale inflation measure was unchanged in June
Imagine you go to your favorite store to buy a toy, and every time you visit, the price is the same. That’s what happened with the prices of things ...
Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm
Imagine you have a toy store where you sell toys to your friends. Now, imagine you make a special rule that says every time someone buys a toy from an...
India's Volatility Index Dips on Easing Tariff Concerns, Rate Cut Hopes
Imagine you have a mood detector that shows how calm or worried your family is about a trip to the amusement park. If there's a chance of rain, the mo...
Trump says House GOP holdouts will back crypto bill after voting against it
Imagine you and your friends are deciding whether to play with building blocks or action figures. Most of you want to play with blocks, but a few frie...
Amazon warehouse workers lose jobs after Trump's immigration crackdown: 'We have done everything legally'
Imagine you're playing with building blocks at school, and your teacher suddenly says, "Only kids with blue stickers can keep playing." Some kids, who...
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
Imagine you have a piggy bank where you keep all your savings for toys and candies. Now, let’s say someone was supposed to take care of your piggy b...
Tariffs Likely To Be Inflationary: Bernstein
Imagine you have a piggy bank where you save money to buy toys. But, there's a new rule: every time you buy a toy from the store across the street, yo...
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