International Business Times (U.K.)

1 day ago | ibtimes.co.uk | Niloy Chakrabarti

Gold prices have reached record highs in recent days amid the US market turmoil. The rally gained further momentum after US President Donald Trump's plans to oust Federal Reserve Chair Jerome Powell fueled concerns over the central bank's independence, driving investors to gold and out of the dollar.

1 day ago | ibtimes.co.uk | Niloy Chakrabarti

Market researchers are exploring whether stocks perform better at night than during normal trading hours. The 'overnight effect' anomaly is an emerging concept that involves buying US equities at market close and selling them at open to potentially generate more profits. For instance, the S&P 500 index (SPX) climbed 6.6% in the past year through 15th April. However, if you invested in an exchange-traded fund (ETF) tracking the index during overnight hours, the portfolio would have returned 6.8%.

2 days ago | ibtimes.co.uk | Niloy Chakrabarti

On Monday, the US Department of Education announced that it will compel defaulted student loan borrowers into repayment, starting 5th May, by resuming collections, in some cases by seizing federal benefits like Social Security and automatically garnishing their wages. Furthermore, student loan borrowers falling behind will also see their credit scores go down. US President Donald Trump is bringing back collections on defaulted student loans for the first time in five years.

2 days ago | ibtimes.co.uk | Niloy Chakrabarti

US President Donald Trump's fresh attack on Federal Reserve Chair Jerome Powell's leadership triggered massive selloffs in equities, the US dollar, and Treasurys. Investors are concerned that Trump's repeated hints of plans to oust Powell are undermining the Fed's independence. Trump has criticised Powell for not lowering interest rates despite declining oil prices and easing inflation concerns.

6 days ago | ibtimes.co.uk | Andrea Jiménez

As families across Britain prepare for Easter egg hunts and hot cross buns, a major UK pet chain has decided to surprise shoppers by pausing rabbit sales from 18 to 21 April in all 460 of its stores. Those fluffy little bunnies hopping through Easter cards and advertisements might seem the perfect holiday companion – but the grim reality behind impulse rabbit purchases has prompted Pets at Home to take a stand that could save thousands of lives.