The head of the International Monetary Fund on Saturday called for the world’s largest economies to urgently move ahead with economic overhauls as the global growth outlook sours and market turmoil rocks emerging markets. “Downside risks to the outlook have increased,...
Gold prices jumped Friday after U.S. jobs data came in far lower than expected, signaling continued sluggish economic growth and easing expectations of an interest-rate increase this year—adding up to a bullish backdrop for safe-haven assets such as precious metals....