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BRISBANE: Australian sprinting prodigy Gout Gout ran the fastest men’s 200m in the world this year on Sunday, with the 17-year-old saying he felt “literally free”. The youngster rose to prominence in December when he clocked the quickest time ever by a 16-year-old. That mark broke Usain Bolt’s personal best at the same age, with his 20.04secs also bettering Peter Norman’s Australian record of 20.06 from the 1968 Olympics. He turned heads again on Sunday with a 20.05 in the heats of the Queensland State Championships — the fastest in the world this year. Gout then smashed through the 20-second…

(Bloomberg) — Copper traded near a five-month high after China vowed to revive consumption in the world’s largest consumer of the metal. Most Read from Bloomberg The government unveiled a special action plan over the weekend aimed at spurring demand. Consumption in the country grew faster at the start the year, helping offset the impact of US President Donald Trump’s tariffs that are putting pressure on Chinese exporters. Retail sales increased 4% in the first two months, exceeding forecasts. The industrial metal has risen around 12% this year as Trump’s tariffs add volatility to a market that’s grappling with a…

(Bloomberg) — Global CEOs including Qualcomm Inc.’s Cristiano Amon and Saudi Aramco’s Amin Nasser will travel to Beijing for an annual gathering of top executives, people familiar with the matter say, with some expected to meet top leaders like President Xi Jinping. Most Read from Bloomberg Plans are being made for the chief executive officers to meet Xi on March 28, according to the people, who asked not to be identified discussing the sensitive issue. They added that the details are subject to change. Figures who have attended the China Development Forum in the past, such as Blackstone Inc.’s Steve…

By Anjana Anil (Reuters) – Gold firmed on Monday after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the U.S. Federal Reserve continued to fuel safe haven demand. Spot gold rose 0.1% to $2,986.53 an ounce, as of 0307 GMT. Bullion rose above the $3,000/oz milestone to notch a record high at $3,004.86 on Friday. U.S. gold futures eased 0.2% to $2,994.60. “The recent rally in gold has been driven by stagflationary fears,” said Kelvin Wong, senior market analyst, Asia Pacific, at OANDA, adding that…

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The end of the first quarter is nearing, and President Trump just passed the 50-day mark in his second tour at the White House. It’s safe to say this will be a face-ripping year for investors. More volatility in markets. More earnings misses and warnings. More negative economic surprises. More stock rating downgrades. And trades that have worked amazingly well in the past few years (looking at you, Nvidia (NVDA)) not working so amazingly anymore. Watch: Why Lego’s…

Chuck E. Cheese wants you to stop by as frequently as you pick up groceries, and it’s selling subscription plans to sweeten the pitch.The 47-year-old pizzeria and arcade chain has emerged from bankruptcy with renovated locations, a slew of digital upgrades and a membership program that it hopes will prove both affordable and habit-forming. The goal isn’t to be just someplace to take your kids once or twice a year for birthday parties. It’s to turn Chuck E. Cheese into a routine recreational option that can compete with Netflix and the neighborhood playground alike.“For us to win this game, we…

A version of this post first appeared on TKer.co The stock market is a discounting mechanism, which means its price reflects expectations for the future, and its price fluctuations reflect the market’s attempt to factor in changes to those expectations. Believe it or not, in a given moment, the stock market does not care too much about the present state of things. That’s because expectations for the present will have been priced into the market days, weeks, and months in the past. That is to say, the stock market reacts to news to the degree the new information 1) is…

The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration works to drastically limit its operations. Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of the subprime mortgage crisis that led to its…

The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show’s season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%.Throughout the show’s run, a Four Seasons property has been the backdrop for the cast of characters’ luxurious, and drama-filled vacations — first in Maui, then Sicily and now Koh Samui.Now, the Four Seasons is offering travelers the chance to experience life at “The White Lotus” for themselves.In February, the luxury hotel company announced a private jet experience called…

Girls just want to have funds, to paraphrase the Cyndi Lauper tune. Cary Carbonaro, a certified financial planner and the author of the new book “Women and Wealth,” knows all about that. Her decades of being a sherpa for women in the male-dominated financial services field serves as the backdrop for this book, which is aimed at teaching her colleagues about the psychology behind women’s financial mojo and the best ways to attract and retain female clients. It’s also flush with insights and strategies for individual women working to take control of their money lives. I know firsthand what it’s…