Gas prices across the United States climbed above an average of $4 per gallon on Tuesday, March 31, 2026, marking the first time since 2022 that national fuel costs have reached this level, according to data released by AAA. The national average for regular gasoline rose to $4.02 per gallon, reflecting a sharp increase of more than $1 compared to prices before the ongoing Iran conflict began on Friday, February 28, 2026. The surge is largely tied to disruptions in global oil markets followin

The Indian rupee has slipped to a new record low, falling to 94.1575 per US dollar, surpassing its previous all-time low of 93.98 set earlier this week. The continued decline is being attributed to growing concerns over the ongoing conflict in the Middle East, which has placed significant pressure on global markets, including the Indian currency. Since the war broke out late last month, the rupee has weakened by about 3.5%, reflecting the heightened uncertainty in international mark

NEW DELHI, India, March 26, 2026 — Narendra Modi on Thursday warned that ongoing global conflicts could trigger a prolonged energy crisis, posing significant risks to economies worldwide, including India. Addressing Parliament, Modi struck a balanced yet firm tone, cautioning that continued geopolitical tensions may disrupt global energy markets and supply chains. He sai

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

Gold and silver have witnessed significant price jumps recently, attracting attention from investors as global market conditions remain uncertain. After two consecutive days of price declines, both metals have made a strong rebound, with gold prices soaring by Rs 5,300 (3.82%) to reach Rs 1,44,212 on the Multi Commodity Exchange (MCX). Silver saw an even larger increase, rising by Rs 13,060 (5.82%), reaching Rs 2,36,980. This sharp uptick in precious metal prices is largely driven by weakenin

 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

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

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

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

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

The longest government shutdown in United States history has finally come to an end, but the deep wounds it has inflicted across the economy and federal systems will not heal anytime soon. Though President Donald Trump signed a funding bill to reopen the government after a record 43 days, the aftershocks continue to ripple through essential sectors. With another possible shutdown looming on January 30, the reprieve may be only temporary, leaving the nation bracing for renewed political and econo