US stocks opened sharply lower on Monday, wiping out more than $900 billion in market value within minutes of the opening bell as investors reacted to a sudden spike in oil prices and mounting geopolitical tensions in the Middle East. Crude oil briefly surged above $100 per barrel, intensifying concerns that escalating conflict in the region could disrupt supply and push global energy costs higher, potentially reigniting inflation pressures across major economies. The Dow Jones Industr

Global crude oil prices have surged past $110 per barrel as escalating tensions in the Gulf region shake energy markets worldwide. The sharp increase has triggered concerns about potential supply disruptions, particularly through the Strait of Hormuz, one of the most critical oil transit routes globally. The sudden spike represents the biggest jump in crude prices since 2020 and has raised fears about its possible ripple effects on economies that depend heavily on imported oil. Desp

The United States could face an economic impact of up to $210 billion as Operation Epic Fury intensifies tensions with Iran, according to leading budget analysts. President Donald Trump has indicated that the conflict may continue for at least four weeks, raising concerns about prolonged military spending and wider fallout for the US economy. Estimates by economist Kent Smetters of the Penn Wharton Budget Model suggest that the total cost of the Iran conflict could significantly strain federa

Bolivian authorities are working urgently to recover and destroy millions of banknotes that were scattered across the city of El Alto after a deadly cargo plane crash near El Alto International Airport on Friday afternoon. The accident killed at least 22 people and left around 37 others injured, with many victims struck as the aircraft went down in a densely populated area close to the airport. The military cargo plane was transporting newly printed currency intended for the country’s cent

The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho

Gold and silver prices fell sharply on Friday as markets reacted to growing expectations that Kevin Warsh will be nominated as the next chair of the Federal Reserve, a development that appeared to ease concerns about the central bank’s long-term independence. The sell-off marked a sudden reversal for precious metals, which have enjoyed a powerful rally over the past year amid global uncertainty and a weaker U.S. dollar. By early afternoon in U.S. trading, silver prices had dropped

US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli

The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio

Gold prices surged to a fresh all-time high on Monday, crossing the $5,100 per ounce mark as investors increasingly turned to the precious metal for safety amid escalating geopolitical tensions and growing concerns over global fiscal stability. The rally extended gold’s record-breaking run, reinforcing its role as a preferred hedge during periods of uncertainty in financial markets. Spot gold climbed as much as 2.4 percent to trade near $5,102 per ounce, equivalent to approximatel

Gold and silver prices have surged to record highs as investors rush back to precious metals, turning them into one of the strongest signals of global economic anxiety. A year that began cautiously is ending with aggressive buying, driven by inflation concerns, interest rate expectations, geopolitical tensions, and fears emerging from global bond markets. On Tuesday, gold prices climbed sharply, with spot gold rising to fresh all-time highs and futures also posting strong gains. Sil

No bake Christmas desserts continue to rise in popularity because they provide a perfect mix of convenience and indulgence during the festive season. These desserts avoid oven use, relying instead on refrigeration to achieve creamy, rich textures. With families preparing for gatherings, travel, cooking and gifting, the appeal of simple yet impressive desserts has grown significantly. They save time, reduce stress and still deliver satisfying flavour. What Makes No Bake Dess

Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

In-N-Out Burger has quietly removed the number “67” from its in-store ordering system after a viral social media trend began drawing disruptive crowds of teenagers to its locations across the western United States. The decision follows weeks of incidents in which young customers gathered inside restaurants, waiting specifically for the number to be called over the intercom, often responding with loud celebrations that disrupted normal operations. Videos circulating widely on Tik

India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e

Jeff’s Donuts, a 24-hour donut shop known for its scratch-made menu, is preparing to launch its first Ohio location in the Columbus region. The company has confirmed that the new store will open at 5717 North Hamilton Road in the Trouville neighborhood, situated just north of Gahanna, with an anticipated debut in early 2026. The expansion marks a significant moment for the brand as it steps into the Ohio market with what will become its first franchised location. The upcoming stor

A growing number of Texas families are finding it increasingly difficult to put food on the table as financial pressures continue to mount. Rising grocery prices, inflation, employment disruptions and reported delays in SNAP benefits have created an environment where many households are struggling to cover even basic needs. Nonprofits across North Texas have been working to bridge the gap, relying heavily on community support to meet the surge in demand for food assistance. Among th

Melick's Town Farm in Oldwick, located in the heart of Hunterdon County, has long been recognized as a place where fall flavors are deeply rooted in everyday life rather than limited to a short seasonal window. With its beginnings tracing back to 1728, the farm stands as one of New Jersey’s oldest continuously operated family farms. Across nearly three centuries, it has grown from a modest plot of land into the state’s largest apple-growing operation, known for producing more than twenty var

The United States has officially ended production of the one-cent coin, closing the chapter on more than two centuries of penny circulation. The decision marks the first time since 1793 that the US Mint will no longer manufacture the nation’s lowest-value currency, and it comes after years of financial losses tied to the cost of producing each coin. The final penny was struck on November 12 at the Philadelphia Mint by US Treasurer Brandon Beach, symbolically concluding 232 years of continuo

  US President Donald Trump has issued an executive order removing import tariffs on a broad selection of food products in an effort to curb rising grocery costs and ease pressure on consumers. The decision marks one of the most significant adjustments to his trade policy since tariffs were introduced as a central feature of his economic agenda. The order comes at a moment when Americans have voiced growing frustration over inflation, particularly food prices, following last we

Starbucks Red Cup Day, one of the company’s most anticipated promotional events of the holiday season, returned nationwide on Thursday, Nov. 13, offering customers a free limited-edition 2025 reusable red cup with the purchase of any featured holiday or fall beverage. The annual giveaway traditionally draws heavy foot traffic to stores, and this year the company announced it had prepared more cups than ever to meet demand. The promotion is available while supplies last at participating loca