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Fri, Aug 28, 2026 09:13 PM All times are UTC

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Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply

Aug 18, 2026 03:04 am UTC| Economy

Oil prices climbed on Tuesday as escalating Iran-U.S. tensions reduced hopes for a permanent Middle East ceasefire, raising concerns over global energy supplies and continued disruptions through the Strait of Hormuz. Brent...

Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts

Aug 18, 2026 03:02 am UTC| Economy

Economic losses from the powerful earthquake that struck Colombia last week could reach 30 trillion pesos ($9.58 billion), President Abelardo De La Espriella said Monday, highlighting the enormous financial toll of the...

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

Aug 17, 2026 22:03 pm UTC| Politics Economy

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks

Aug 17, 2026 21:45 pm UTC| Economy Politics

Canada is bracing for a new wave of 50% U.S. tariffs this week, raising concerns over job losses, weaker investment and fresh uncertainty surrounding the U.S.-Mexico-Canada Agreement (USMCA). U.S. President Donald Trump...

Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus

Aug 17, 2026 21:42 pm UTC| Economy

Wall Street closed lower Monday as investors stepped back following a record-setting week, while rising oil prices and persistent Middle East tensions weighed on market sentiment. The SP 500 fell 0.5% to 7,748.14, the...

Citadel Warns High Treasury Yields Pose Broader Market Risks

Aug 17, 2026 21:41 pm UTC| Economy Insights & Views

The Federal Reserves monetary policy strategy following the recent inflation surge is helping keep long-term US Treasury yields near multiyear highs, potentially creating wider risks across financial markets, according to...

Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz

Aug 17, 2026 21:40 pm UTC| Economy

Oil prices extended their gains Monday as escalating U.S.-Iran tensions over the Strait of Hormuz fueled concerns about global energy supplies and shipping disruptions. Brent crude futures for October delivery rose 2.5% to...

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Economy

Pentagon Eyes 100-Year Lease on Venezuela Oil Fields

The U.S. Department of Defense is reportedly negotiating a major energy partnership that could give Washington a direct stake in Venezuelas vast crude oil resources as it seeks to strengthen control over strategically...

Wall Street Slips as Warsh’s Hawkish Fed Speech Rattles Markets

Wall Street ended mostly lower on Friday after Federal Reserve Chair Kevin Warsh delivered a hawkish Jackson Hole speech that reinforced concerns about persistent U.S. inflation and the possibility of another interest rate...

France Inflation Accelerates to 2.7% in August

French inflation accelerated in August as higher energy costs, particularly prices for oil products, pushed consumer price growth above the previous months level, preliminary data from Frances national statistics agency...

Sweden Retail Sales Slip 0.2% in July

Swedens retail sales edged lower in July compared with the previous month, although consumer spending remained significantly stronger than a year earlier, according to official data released on Friday. Retail sales...

Iran Weighs Conditions to Reopen Strait of Hormuz

Iran war mediators are stepping up efforts to restore normal shipping through the Strait of Hormuz, with Tehran agreeing to prepare conditions for reopening the vital waterway following diplomatic pressure from Qatar....

Politics

US Military Uses Laser to Shoot Down Cartel Drones at Mexico Border

The U.S. military used a high-energy laser to shoot down three drones linked to Mexican drug cartels near the U.S.-Mexico border this week, highlighting growing security concerns over unmanned aircraft used by criminal...

Mojtaba Khamenei’s Absence Fuels Iran Leadership Doubts

Six months after U.S. and Israeli airstrikes plunged Iran into war and left Mojtaba Khamenei badly wounded, the countrys supreme leader remains out of public view, raising questions about his health, authority and Irans...

South Korea, Japan and US Plan Joint Military Drills

South Korea, Japan and the United States will hold joint military drills from September 9 to 11, strengthening trilateral defense cooperation amid continued concerns over North Koreas nuclear weapons and missile programs....

ICE Awards $16.7M Contract for Electric Shock Gloves

U.S. Immigration and Customs Enforcement (ICE) has awarded a $16.7 million contract to purchase 6,000 pairs of electric shock gloves for field officers, moving ahead with the controversial equipment despite concerns raised...

Australia Pledges $3.6M for Nepal-China Flood Relief

Australia will provide $3.6 million in humanitarian aid to communities devastated by severe flooding along the Nepal-China border, while deploying additional consular and emergency response personnel as the number of...

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

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...

U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China

The U.S. government is investigating Singapore-based Apex Logistics over allegations that the freight company helped transport Nvidia AI chips and computer systems to China despite U.S. export restrictions, Bloomberg...

U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies

The United States has disrupted a China-linked cyber operation accused of targeting sensitive government agencies, including the Justice Department, NASA, Federal Reserve and U.S. Senate, authorities said Wednesday. The...