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Tue, Jun 23, 2026 03:17 AM All times are UTC

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Asian Stocks Slide as Tech Selloff Deepens and US-Iran Conflict Escalates

Jun 11, 2026 04:17 am UTC| Economy

Asian stock markets declined on Thursday as a continued selloff in technology shares and escalating tensions between the United States and Iran weighed heavily on investor sentiment. Regional equities followed Wall Street...

Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico

Jun 10, 2026 23:49 pm UTC| Politics Economy

President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment

Jun 10, 2026 23:39 pm UTC| Economy

The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment

Jun 10, 2026 23:37 pm UTC| Economy

Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen

Jun 10, 2026 23:35 pm UTC| Economy

Global oil prices climbed sharply on Wednesday as U.S. President Donald Trump intensified pressure on Iran, raising concerns over prolonged disruptions in the Middle East and tightening global energy supplies. Brent crude...

Wall Street Slides as U.S.-Iran Tensions Escalate; Tech Stocks Extend Losses in 2026

Jun 10, 2026 23:34 pm UTC| Economy

Wall Street ended sharply lower on Wednesday as growing tensions between the United States and Iran overshadowed inflation data that largely met market expectations. Investors moved away from risk assets amid concerns...

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election

Jun 10, 2026 03:38 am UTC| Central Banks Economy

New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

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Economy

New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum

New Zealand is accelerating the development of major gold mining projects and attracting new mining investment as record-high gold prices breathe life into a sector that has struggled for years. The governments push to...

Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns

The Japanese yen hovered near its weakest level in almost four decades on Tuesday, fueling speculation that Japanese authorities may once again intervene in the foreign exchange market to support the struggling currency....

Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears

Asian stock markets mostly declined on Tuesday, while oil prices recovered some losses as investors weighed easing geopolitical tensions alongside growing expectations that the U.S. Federal Reserve could adopt a more...

Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures

Japans manufacturing sector maintained strong momentum in June, supported by the fastest rise in new orders in more than four years, even as businesses continued to face mounting cost pressures linked to the ongoing Iran...

U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs

American drivers are seeing welcome relief at the gas pump as gasoline prices continue to decline following improved diplomatic relations between the United States and Iran. According to fuel price tracker GasBuddy, the...

Politics

US Delivers $13M Autonomous Maritime Drones to Philippines

The United States has transferred four Ocean Aero Triton autonomous underwater and surface vehicles to the Philippine military in a deal valued at $13 million, according to the U.S. Embassy in the Philippines. The move...

Trump Threatens ABC News Lawsuit Over Lincoln Memorial Reflecting Pool Coverage

U.S. President Donald Trump announced Monday evening that he is preparing legal action against ABC News, accusing the network of publishing false and misleading reports regarding his administrations handling of the Lincoln...

California Court Dismisses Trump Administration Lawsuit Against Los Angeles Sanctuary Policy

A California federal court has dismissed a lawsuit filed by the Trump administration against the City of Los Angeles over its sanctuary city ordinance, marking another legal setback in the ongoing debate over immigration...

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

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

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....