China Traders Book Argentine Soy After Milei’s Export Tax Break
China-based trading firms snapped up 10 cargoes of Argentine soybeans in a rare buying spree this week, adding…
Rachel Reeves Might Have to Break Her Promises
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy
Bernard Arnault has waded into an ongoing debate on how to restore France’s finances, calling an economist who…
Pound Falls With Gilts as UK Borrowing Soars Above Forecasts
The pound headed for its worst week in more than a month and gilts declined as a report…
Price Hikes Backfire as Tariffs Erode Margins and Demand
Global trade has grown more uncertain, with tariffs hardening into a new economic reality for businesses in the…
Great wealth comes with great responsibility. Can heirs handle it?
US added over 1,000 new millionaires a day last year, says report Wealth grew disproportionately quickly last year…
France’s finances are in turmoil. Here’s how it came to this
France’s finances and politics are in turmoil. President Emmanuel Macron has just appointed his fourth prime minister in…
British horse racing goes ahead with strike action in tax protest
LONDON — British horse racing went ahead Wednesday with its unprecedented one-day strike to protest a feared rise…
Middle East Money Gives Britain a Summer Break From Wealth Chaos
For a few months this summer, parts of Britain’s billionaire economy were back to business-as-usual. Amid scorching heat…