Oil prices rise above $80 a barrel as Strategic Petroleum Reserve hits the lowest point since 1983.
Oil prices in the U.S. climbed above $80 a barrel on Monday, fueled by increasing concerns about a potential deal to reopen the Strait of Hormuz, as reserves hit their lowest point since 1983. West Texas Intermediate crude saw a 5.1% increase, settling at $82.13 per barrel, while Brent crude went up by 5% to […]
Gold prices in India: Rates on August 12
On Wednesday, gold prices saw an increase in India, with information sourced from FXStreet. The price of gold rose to INR 13,493.33 per gram, up from INR 13,402.99 the day before. In terms of tola, it climbed to Rs 1,57,382.80, compared to Rs 1,56,329.80 previously. unit measurement Gold price in INR 1 gram 13,493.33 10 […]
Home sales decreased in July due to high mortgage rates and increasing prices pushing homebuyers aside.
U.S. Home Sales Decline in July Sales of previously owned homes in the United States saw another decline in July. The high prices and rising mortgage rates are proving tough for many potential buyers. According to the National Association of Realtors, existing home sales dropped by 1.7% from June, landing at an annual rate of […]
Oil prices decline significantly as Trump indicates an Iran agreement regarding the Hormuz Strait.
Oil Prices Decline Amid Potential Iran Deal Oil prices dropped on Monday as market participants expressed optimism about a potential reduction in tensions related to the Iran war. This occurred despite ongoing uncertainties surrounding the U.S. Federal Reserve’s interest rate policies. On Sunday, President Trump indicated he would refrain from launching new military strikes against […]
Trump’s FTC Looks into Veterinary Mergers as Pet Care Prices Rise
The Federal Trade Commission (FTC) is looking into the consolidation of veterinary services due to rising costs in pet care, often referred to as “petflation.” Recently, the FTC has issued civil investigative demands (CIDs)—these are formal requests requiring companies involved in the merger of Covetrus and MWI Animal Health to submit documentation and information, as […]
S&P 500 futures remain steady as traders consider rising oil prices following an attempted attack from Iran: Live updates.
Market Update Following FOMC Meeting On Wednesday, June 17, 2026, Kevin Warsh, the Chairman of the Federal Reserve Board, delivered a speech that was aired by a television station, following the Federal Open Market Committee (FOMC) meeting at the New York Stock Exchange (NYSE) in New York, USA. S&P 500 futures showed minimal movement Tuesday […]
Food prices rise 33% as Americans face the largest increase in grocery costs in five decades
Soaring Food Prices in the U.S. Over the last seven years, U.S. food prices have surged by 33%, marking the largest increase in half a century, and there’s no indication things will improve soon. The initial surge during the pandemic can largely be attributed to rampant inflation, but prices have continued to rise since then. […]
Socialist Mamdani claims that grocery stores run by the city will reduce prices for supermarkets by 30%.
City’s Grocery Stores to Offer 30% Discount on Food Prices Could food prices really drop by 30%? This is the approach being taken by the five city-run grocery stores, as announced by Democratic Socialist Mayor Zoran Mamdani during a press conference on Monday. “The five city-operated grocery stores will price this core set of products […]
What direction will silver and gold prices take this August? Experts provide insights.
Gold and Silver Price Predictions for August Over the past year, gold and silver have seen remarkable price movements. Gold reached record highs in 2025, climbing over $5,000 per ounce and peaking at near $5,600 on January 28th. Meanwhile, silver’s growth was even more astounding, jumping from $40 on September 1st to $116 on that […]
Oil prices drop by more than 6% after the US and Iran halt hostilities over the weekend.
Oil prices dropped more than 6% on Monday as the U.S. and Iran halted their military actions following two weeks of hostilities. This pause has sparked optimism for a diplomatic resolution, potentially allowing for the resumption of shipping activities in the Strait of Hormuz. By 0620 GMT, Brent crude oil futures decreased by $6.20, or […]