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U.S. economy contracts by 0.3% in first quarter of 2025 U.S. economy shrinks 0.3% in Q1 2025, raising trade policy concerns amid largest export drag since 1947. Why central banks are buying so much gold Gold hits record high as investors flock to safe assets amid inflation fears and economic uncertainty. RBA interest rate cut expectations remain cautious ahead of meeting RBA cuts interest rates to 4.1% but banks predict no further cuts in April despite easing inflation pressures. Trump’s “Liberation Day” tariffs could escalate trade tensions Trump's reciprocal tariffs set for "Liberation Day" on April 2 could escalate trade war and impact global markets. Tim Walz mocks Elon Musk over Tesla’s rapid market decline Governor Tim Walz mocks Elon Musk over Tesla's plummeting shares, sparking debate on Musk's leadership. Trump’s indifference to market pain explained in 2025 Trump's indifference to market pain reflects a shift in priorities and political strategy in 2025. Trump’s crypto summit focuses on digital asset reserve Trump hosts cryptocurrency summit to announce plans for a government-owned strategic reserve of digital assets. Trump’s plan for US national crypto reserve announced Trump announces US crypto reserve, boosting market amid policy shift, aiming to make America the crypto capital. Trump’s crypto reserve proposal raises ethical concerns Trump's 'crypto strategic reserve' proposal sparks controversy among supporters, raising concerns over ethics.