(Reuters) -ANZ on Thursday forecast gold would reach $4,400 per ounce by the end of 2025, driven by mounting geopolitical, economic, and financial uncertainties alongside expectations of Federal Reserve monetary easing. ANZ anticipates gold will peak near $4,600 per ounce by June 2026, followed by a gradual decline in the second half of 2026 as the Federal Reserve concludes its...

WASHINGTON (Reuters) -The Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China's economic policies and export restrictions, Treasury Secretary Scott Bessent said on Wednesday. Bessent told a CNBC event that China's dramatic new restrictions on rare earth minerals and magnets demonstrates the need for the U.S. to be...

Washington (Reuters) -The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost at up to $15 billion per day. Bessent used the incorrect estimate in two separate appearances earlier on...

WASHINGTON (Reuters) -U.S. Federal Reserve Governor Stephen Miran said economic growth for the coming year could turn on whether the escalating risks around U.S.-China trade are realized or defused. We will have to see how the next few weeks play out, Miran said on Fox Business's Mornings with Maria of China's new restrictions on exports or critical rare earth minerals...