Bay Area gas prices eased slightly during the week ending Thursday, May 14, 2026, but drivers across Northern California were still paying some of the highest fuel costs in the United States. AAA data showed California’s average regular gasoline price at $6.147 per gallon on Thursday, compared with the national average of $4.534. California remained the most expensive state for regular gasoline in AAA’s state price data.

Kevin Warsh was confirmed as Federal Reserve chair on Wednesday, May 13, 2026, placing President Donald Trump’s nominee at the center of a high-stakes debate over inflation, interest rates and the independence of the U.S. central bank. The Senate approved Warsh in a 54–45 largely party-line vote, clearing the way for the former Federal Reserve official to succeed Jerome Powell. The confirmation followed uncertainty tied to a Justice Department investigation involving Powell, whi

Texas Governor Greg Abbott is courting Wall Street firms as criticism grows over New York City Mayor Zohran Mamdani’s rhetoric toward wealthy business leaders and billionaire CEOs. The political clash has sharpened concerns about New York City’s business climate, especially among financial firms weighing taxes, regulation and long-term expansion plans. Texas Sells Low-Tax Business Climate Abbott’s office said Texas remains open to compani

EU-India FTA May Begin Within A Year The EU-India FTA could come into force within a year, potentially by early 2027, after both sides concluded negotiations on January 27, 2026. European Union Ambassador to India Hervé Delphin said the landmark free trade agreement is now moving through legal and procedural steps before ratification. The process includes legal vetting of the final text, followed by approvals in India and the European Union.

Operation Sindoor Anniversary Puts India’s Defence Exports in Focus Operation Sindoor anniversary has placed India’s defence export boom back in the spotlight, with official data showing exports touched a record Rs 38,424 crore in FY 2025–26. The May 7–10, 2025 conflict, described by officials as a focused military response, has now become more than a battlefield milestone. It is being viewed as a turning point for India’s defence industry.

India and Vietnam have agreed to strengthen their economic ties with an ambitious goal of increasing bilateral trade to USD 25 billion by 2030. This announcement, made by Prime Minister Narendra Modi on May 6, 2026, is part of a new strategic roadmap designed to expand economic and sector-specific cooperation between the two countries. The announcement was made following the signing of several Memoranda of Understanding (MoUs) at Hyderabad House in Delhi by PM Modi and Vietnam's President To

More than two months into military action against Iran, Donald Trump is facing a difficult reality: the conflict is far from over—and there’s no clear way out. What began as a show of strength has turned into a prolonged standoff, with rising global consequences. Military Gains, But No Strategic Victory The United States, alongside Israeli forces, has carried out multiple strikes targeting Iran’s

Ukraine has intensified its long-range strikes on energy infrastructure located deep inside Russia, targeting oil refineries, storage depots, and supply routes. These attacks mark a significant escalation in the ongoing

The numbers on gas station signs across Texas are rising fast—and for many drivers, so is the stress. What used to be a routine fill-up is now a moment of hesitation, as fuel costs eat deeper into already stretched budgets. High gas prices in Texas have surged in recent weeks, climbing from about $2.55 per gallon in early February to nearly $3.78. The sharp increase is being driven by global tensions that have disrupted oil supply routes, sending ripple effects through loca

The Trump interest rate controversy has taken a new turn after Kevin Warsh firmly denied being pressured by US President Donald Trump regarding monetary policy. His testimony has sparked fresh debate over the independence of the Federal Reserve and political influence on economic decisions. What happened and why it matters On April 22, 2026, Kevin Warsh s

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

WASHINGTON — March 26, 2026: President Donald Trump on Thursday cast renewed doubt on the likelihood of reaching a peace agreement with Iran, indicating that any meaningful progress would depend on Tehran’s willingness to shift its current stance amid ongoing tensions between the two countries. Speaking during a Cabinet meeting at the White House, Trump emphasized that Iran must take the first step if a deal is to materialize. He expressed uncertainty over wheth

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

Telangana made a significant splash at the 2026 World Economic Forum (WEF) in Davos, Switzerland, showcasing its ambition to become a global hub for innovation, technology, and sustainable development. Led by Chief Minister A. Revanth Reddy, the Telangana delegation secured several key partnerships and investments aimed at propelling the state’s economy to new heights. One of the most notable agreements was with Blaize, a US-based company specializing in energy-efficient AI hardware and sof

The 2026 Solar Eclipse will occur on February 17, and it is set to be a remarkable celestial event. This eclipse will be an annular solar eclipse, often referred to as the Ring of Fire eclipse. Here's everything you need to know about this rare event: Eclipse Type: The eclipse will be an annular solar eclipse. In this type of eclipse, the Moon will cover about 96% of the Sun, but due to the Moon being farther from Earth, it will appear slightly smaller than the Sun. As a

India’s space journey reached another landmark moment as Indian Space Research Organisation successfully launched the heaviest foreign satellite ever placed into orbit from Indian soil. The mission was carried out using the powerful LVM3 launch vehicle from the Satish Dhawan Space Centre in Sriharikota, reinforcing India’s growing reputation as a reliable and competitive space launch destination

New Zealand Foreign Minister Winston Peters has publicly criticised the recently concluded India–New Zealand Free Trade Agreement, describing it as a low-quality deal that undermines New Zealand’s economic and labour interests. His remarks come just days after India and New Zealand announced the successful conclusion of FTA negotiations, which both governments claim could significantly boost bil