Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
AI Euphoria, Fed Signals and Oil Politics: David Roche warns markets may be ignoring bigger risksGlobal markets are optimistic about AI and easing inflation, but David Roche warns of deeper structural risks. He believes the AI investmen...
Bitcoin trades near $64,000 despite hawkish Fed outlook; recovery attempt loses momentumBitcoin hovered near $64,000 as a hawkish Federal Reserve outlook and risk-off sentiment capped recovery momentum. Liquidations, ETF outflo...
Rupee falls 21 paise to 94.71 against US dollar in early tradeThe rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asi...
A 481-meter tsunami in Alaska's Tracy Arm Fjord, triggered when a mountainside collapsed beside a retreating glacier, shows how warming can quietly prime a tourist spot for disasterA massive mountainside collapse in Alaska's Tracy Arm Fjord generated a 1,578-foot wave, the second-tallest ever recorded. Scientists attri...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
Dollar on the defensive ahead of first Fed decision under WarshThe dollar weakened ahead of the Federal Reserve's policy decision, with optimism over a U.S.-Iran peace deal boosting risk appetite. The y...
Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
Investors fret about rates and dollar, cut back on gold, silverInvestors in gold and silver might be in for a rocky ride ahead. Experts caution that the meteoric rise seen last year is unlikely to repea...
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
In 1822, Europeans brought honey bees to Australia as agricultural heroes; 200 years later, researchers found they were helping tree death spread faster than windNew research published in NeoBiota suggests western honey bees may be helping spread myrtle rust, a destructive fungal disease threatening ...
Suspense surrounds Swiss anti-immigration voteSwitzerland is set to vote on a controversial anti-immigration proposal aimed at capping its population below 10 million. The hard-right Sw...
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
Sensex rises 395 points, Nifty closes above 23,200; broader markets outperformIndian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The halt in Iran-Isr...
Gold extends falls on rising Treasury yieldsGold prices dipped for a third consecutive session, influenced by rising Treasury yields and ongoing Middle East conflict concerns. Goldman...
Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...