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A Historic Gold Rush Is Under Way, From Wall Street to Main Street

13 hours ago | wsj.com | Katherine Hamilton |Hannah Lang

April 24, 2025 12:18 pm ETNEW YORK—The gold business is booming—on Wall Street and on West 47th Street. In the Diamond District, where dozens of jewelry dealers cram together on a single block, gold seller Aaron Akyon could hardly finish two sentences without a customer leaning over his display cases to ask about a chain or ring. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nestle Sales Grows Ahead of Expectations

1 day ago | wsj.com | Maitane Sardon

April 24, 2025 1:45 am ETNestle NESN 0.85%increase; green up pointing triangle posted higher sales that beat analysts’ expectations, with broad-based growth across all markets and categories. The Swiss maker of KitKat chocolate bars and Nescafe coffee said Thursday that organic sales rose 2.8% in the first quarter, beating a company-compiled consensus of 2.5%, and accelerating from 1.4% in the same quarter last year. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
Alaska Air Withholds Full-Year Outlook as Second-Quarter Forecast Misses Estimates

1 day ago | wsj.com | Connor Hart

Airline posts wider loss and lower-than-expected revenue in first quarter; shares fall in after-hours tradingThe carrier, which recently completed its acquisition of Hawaiian Airlines, said Wednesday that it expects adjusted per-share earnings between $1.15 and $1.65 in the current quarter, missing the $2.38 that analysts polled by FactSet expected. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
IBM Set to Benefit from Focus on AI, Automation as Clients Seek Efficiency in Uncertain Economy, CFO Says

1 day ago | wsj.com | Connor Hart

Adjusted per-share earnings of $1.60 came in above the $1.42 analysts expectedThe uncertain macroeconomic backdrop is prompting businesses to rethink their spending in an attempt to get the best possible returns on their investments, International Business Machines CFO James Kavanaugh said Wednesday. The shift could pose a benefit to the tech company.
UK Food, Auto Safety Standards Off The Table In Tariff Talks, Top Official Says

1 day ago | wsj.com | Gavin Bade

The United Kingdom will not negotiate changes to its food safety or automotive safety standards or digital services policies as part of tariff negotiations with the U.S., the nation’s top economic official said on Wednesday. “We are not going to be changing our standards based on asks from foreign governments,” Chancellor of the Exchequer Rachel Reeves told reporters at the British Embassy.
He Wanted Room for 21 of His Porsches. So He Built a Second House Across the Street.

1 day ago | wsj.com | Fred A. Bernstein

Steven Harris, a hugely successful architect of houses and apartments, and his husband Lucien Rees-Roberts, a prodigious interior designer, spend most weeknights in an elegantly appointed loft in Manhattan’s Tribeca neighborhood. For weekends they have a house, called Galloway Hill, in Kinderhook, New York; for vacations, there is a compound on an island in Croatia and a restored Midcentury Modern house in Rancho Mirage, Calif., eight miles southeast of Palm Springs.
Essay | The High Stakes in Choosing the Next Pope

1 day ago | wsj.com | George Weigel

Ever since 1276, when popes began to be elected by a conclave of rigorously sequestered cardinals, that secretive process has been an irresistible source of fascination. In recent times, reporters with pages to fill, novelists seeking the sensational and moviemakers with eyeballs to attract have often lurched into the implausible, even madcap, in suggesting what conclaves are like.
Europe’s Value-Added Tax Is Off The Table in Trade Talks, Top Official Says

1 day ago | wsj.com | Gavin Bade

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do not see any possibility to move away from our value-added tax,” the EU's Valdis Dombrovskis told The Wall Street Journal. He said he had communicated that to his counterpart, Treasury Secretary Scott Bessent, before Trump’s plans for reciprocal tariffs were unveiled.
Exclusive: White House Is Considering Slashing China Tariffs

1 day ago | wsj.com | Gavin Bade |Lingling Wei |Josh Dawsey

The Trump administration is considering slashing its steep tariffs on Chinese imports—in some cases by more than half—in a bid to de-escalate tensions. One senior White House official said the levies were likely to come down to between roughly 50% and 65%. Read more:
Exclusive | White House Considers Slashing China Tariffs to De-Escalate Trade War

1 day ago | wsj.com | Gavin Bade |Lingling Wei |Josh Dawsey

Levies could be cut by more than half in some cases although President Trump hasn’t yet made a final decisionThe Trump administration is considering slashing its steep tariffs on Chinese imports—in some cases by more than half—in a bid to de-escalate tensions with Beijing that have roiled global trade and investment, according to people familiar with the matter.