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Mon, Oct 05, 2026 05:03 AM All times are UTC

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Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions

Sep 24, 2026 00:34 am UTC| Economy

Wall Street ended sharply lower Wednesday as surging U.S. Treasury yields pressured technology stocks, while investors monitored renewed U.S.-Iran tensions and Chinese President Xi Jinpings visit to Washington. The SP 500...

Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade

Sep 24, 2026 00:32 am UTC| Economy

Oil prices rebounded sharply on Wednesday, snapping a five-session losing streak as renewed tensions between the United States and Iran reduced expectations for a diplomatic breakthrough. Brent crude futures for November...

Gold Drops Over 1% as Dollar, Treasury Yields Surge on Fed Rate Hike Bets

Sep 24, 2026 00:29 am UTC| Economy

Gold prices fell sharply on Wednesday as a stronger U.S. dollar, surging Treasury yields and renewed expectations for another Federal Reserve interest rate hike pressured the precious metal. Spot gold dropped 1.6% to...

US Dollar Hits Two-Month High as Fed Rate Hike Bets Rise

Sep 24, 2026 00:22 am UTC| Economy

The U.S. dollar climbed to a nearly two-month high on Wednesday as stronger-than-expected economic data, hawkish Federal Reserve comments and a sharp rise in Treasury yields boosted expectations for another interest rate...

European Stocks Slip as Iran Tensions Offset Strong Eurozone Data

Sep 23, 2026 10:53 am UTC| Economy

European stocks reversed early gains on Wednesday as renewed tensions involving Iran weighed on investor sentiment, overshadowing stronger-than-expected Eurozone economic data and temporary relief in crude oil prices. The...

Dollar Hits Two-Month High as Fed Rate Hike Bets Rise

Sep 23, 2026 10:52 am UTC| Economy

The U.S. dollar climbed to a two-month high on Wednesday as traders increased bets that the Federal Reserve will continue raising interest rates to curb persistent inflation. The Dollar Spot Index gained 0.2%, extending...

US Stock Futures Rise as Meta Muse Fuels AI Rally

Sep 23, 2026 10:50 am UTC| Economy

U.S. stock futures edged higher Wednesday as investors focused on renewed artificial intelligence enthusiasm, upcoming U.S. economic data and a key meeting between U.S. and Chinese leaders. Dow Jones futures rose 41...

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Economy

Middle East Oil Exports Top Pre-War Levels Despite Hormuz Attacks

Middle East crude oil exports climbed above pre-war levels on several days in late September, signaling resilient regional shipments despite escalating attacks on vessels around the Strait of Hormuz. Provisional data from...

OPEC+ Expected to Hold November Oil Output Quotas Steady

OPEC+ is expected to keep oil production quotas unchanged for November as the ongoing Middle East conflict continues to disrupt crude supplies from several major producers, according to Bloomberg. Seven key members of the...

High Rates Weigh on U.S. Home Improvement Demand

Uncertainty over interest rates, energy prices, housing affordability and geopolitical risks is pressuring the U.S. home improvement industry in 2026, with Citi analysts warning that sluggish conditions could extend into...

Scope Warns US Debt Could Hit 160% of GDP

Scope Ratings warned that the United States is becoming increasingly vulnerable to shifts in investor sentiment as persistent budget deficits drive government debt and interest costs higher. The European credit ratings...

Bank of America Sees EUR/USD at 1.15 by Year-End

Bank of America expects the euro to strengthen against the U.S. dollar over the coming year, forecasting EUR/USD will reach 1.15 by the end of this year before climbing to 1.20 by the end of 2027, according to a research...

Politics

Yemen Launches Major Offensive to Retake Houthi-Held Areas

Yemens Saudi-backed government announced Sunday a major military campaign aimed at recapturing territory controlled by the Iran-aligned Houthis, escalating a conflict increasingly linked to the wider Middle East war....

US Caribbean Vessel Strike Kills Four

The U.S. military said Sunday that four people were killed in a strike on a vessel in the Caribbean Sea, marking the latest attack in Washingtons campaign against boats it alleges are involved in drug trafficking. U.S....

Flavio Bolsonaro, Lula Head to Brazil Presidential Runoff

Brazilian Senator Flavio Bolsonaro will face President Luiz Inacio Lula da Silva in an October 25 presidential runoff after delivering a stronger-than-expected performance in Sundays first-round election. With nearly 99%...

California Woman Arrested Over Alleged Spying on Taiwan President’s Son

U.S. authorities arrested a California woman on Sunday over allegations that she secretly gathered information on the son of Taiwan President Lai Ching-te on behalf of Chinese officials. The FBI said Wanying Zhang, 34, who...

Nicaragua Withdraws From Central American Parliament

Nicaragua is withdrawing from the Central American Parliament, deepening the countrys international isolation as President Daniel Ortegas government faces continued criticism over alleged human rights abuses and...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

UK Warned Over Growing Reliance on US Cloud Providers

Britains increasing dependence on U.S. cloud computing companies for critical government services could create a major strategic and economic vulnerability, lawmakers have warned, raising concerns about data sovereignty...

AI Agents Could Disrupt Financial Services, Bernstein Says

Consumer AI agents could reshape financial services by reducing customer inertia and making it easier to switch between financial products, although trust, data access and regulatory hurdles may slow adoption, according to...

SoftBank Shares Fall After $10 Billion OpenAI Investment

SoftBank Group shares dropped sharply on Friday after the Japanese technology conglomerate completed the final portion of its latest OpenAI investment, lifting its total investment in the artificial intelligence company to...

Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion

Amazon is exploring a plan to transfer roughly $8 billion worth of advanced Nvidia artificial intelligence chips to outside investors as the technology giant looks for new ways to finance its rapidly expanding AI...

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...