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Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates

Gold prices could face further pressure in the coming days as rising US Treasury yields and expectations of additional Federal Reserve rate hikes sap demand for the non-yielding metal.Spot gold fell as much as 4% to $4,111 an ounce on Monday, its lowest since August 5, as oil prices climbed amid a stalemate in US-Iran talks and the yield on the benchmark 10-year US Treasury note touched its highest since June 2007, before paring gains."Today's fresh multi-decade highs in US borrowing costs have finally seen the gold price give way," said Adrian Ash, head of research at online bullion marketpl

US to grant sanctions waiver for flights between Iran and Iraq's Najaf, source says

Chile's Kast unveils $1.3 billion plan to create 100,000 jobs

Arts|Business|Economy|Science|Technology

Fed's Cook sees further inflationary pressures ahead

Federal Reserve Governor Lisa Cook said on Monday she expects continued inflationary pressure in coming months stemming from AI-related demand and higher oil prices, though she stopped short of saying more interest rate hikes will be needed."The labor market appears to be well positioned to handle an increase in rates," Cook said in remarks prepared for release at a conference on AI and emerging technology in Oakland, California. "Looking ahead, I will consider what policy rate may be needed to continue to guide inflation down to our target. Of course, the number and magnitude of any future a

Oil prices up, but off highs as Qatari mediators plan US-Iran talks

Duffy, airlines urge Congress to quickly approve $30 billion for aviation reforms

Economy|Finance

Russia raises 2027 military spending by 27%, budget documents show

By Darya KorsunskayaMOSCOW, Sept 28 - Russia plans to spend 17.1 trillion roubles ($202.58 billion) on defence in 2027, around 27% more than the 13.5 trillion roubles originally budgeted and the highest figure since the start of the war in Ukraine in 2022, government documents seen by Reuters showed on Monday. Total defence spending will amount to 50 trillion roubles in the next three years, according to the documents. In 2026 the government planned to spend 12.1 trillion roubles on defence but the actual amount is classified and will not be disclosed. Some military spending can also be accou

Camp Mystic seeks to sell the property in bankruptcy as legal problems grow

White House weighs red-dyed diesel tax relief to lower fuel prices

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Crime|Europe|MidEast|Political|US

Questions swirl as suspects in alleged UK airbase terror plot released on bail

Five men arrested on suspicion of a plot to attack a UK airbase used by long-range US bombers have been released on bail, British officials said on Monday.The five are all British nationals from the London area, aged between 23 and 25, according to British counter-terrorism police.The release of the men does not mean that the investigation is over, and all five will be subject to stringent conditions on their movements, Laurence Taylor, a senior officer in the UK counter-terrorism police said at a brief news conference.The men, who have not been identified, were arrested early Sunday close to

Political|Sports|US

Trump's golf tour takes him back to the Presidents Cup

President Donald Trump returned to the Presidents Cup as honorary chairman for the second time, getting a loud cheer and keeping his remarks brief. “These people want to see golf,” he said Sunday. And just like his last visit to the Presidents Cup in 2017, he saw the Americans win. They rallied with the best performance on the final day in tournament history. “Our team played unbelievable golf. They went in with a massive deficit, and they came out with a tremendous victory, just a great comeback,” Trump told reporters when he landed back at J

"Up to the fence of the base," eyewitness talks to CNN about the foiled alleged UK terror plot near air base

UK police arrest five men on suspicion of terror offenses near air base used by US forces

Supreme Court lets Trump administration use revamped federal voter eligibility database for now

The Supreme Court on Friday lifted restrictions on a controversial federal voter database before November’s elections, granting President Donald Trump a temporary win in his aggressive campaign against noncitizen voting. The court's three liberal-leaning justices publicly dissented from the decision. The emergency order allows states, for now, to use the Trump administration's revamped version of a Department of Homeland Security program, called Systematic Alien Verification for Entitlements, or SAVE, in their efforts to verify the eligibility of voters on their

Trump wants to take a page out of the Biden energy playbook

In January 2024, then-presidential candidate Donald Trump blasted the Biden administration for freezing approvals for new plants to export US liquefied natural gas.When he won the election, in part by slamming the Biden-Harris “war on energy,” Trump vowed in his second inaugural address: “We will bring prices down… and export American energy all over the world.”He kept that promise, undoing the Biden-era LNG export permitting pause through an executive order just hours into his first day on the job.Now fast-forward more than a year and a half later, he’s considering taking a page o

Inside Trump’s plan for the ‘biggest DOJ election observer effort in history’

US Senate rejects resolution curbing Trump's Iran war powers

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Kyiv Science Academy hit as Russian jet-drones strike across Ukraine

At least one person was killed when a drone hit the National Academy of Sciences in central Kyiv on Monday, as Russia pounded the centre of the Ukrainian capital.Kyiv Mayor Vitali Klitschko said a total of 19 people had been injured, six of whom were being treated in hospital. Sirens echoed through the streets as black smoke billowed into the sky.In recent weeks, Russia has begun hitting Kyiv and other Ukrainian cities with faster, high-flying jet drones. President Volodymyr Zelenskiy said on Saturday that Ukraine was able to intercept only just over half - far fewer than when facing the olde

Interview|Sports|World

British schoolgirl becomes chess’ youngest ever woman grandmaster

An 11-year-old chess prodigy has become the youngest woman grandmaster of all time, after a strong performance at the 46th Chess Olympiad.Bodhana Sivanandan from northwest London represented England at the tournament in Samarkand, Uzbekistan, which ended on Sunday.In an interview released on YouTube on Sunday, she told the International Chess Federation (FIDE) that she is keen to “keep making history.”Becoming a woman grandmaster means she has attained the highest female-only title in chess.“I’m happy to do it, but I want to keep going and keep making history as well, instead of just s

Can women become a much bigger part of the iconic America’s Cup?

What have we learned about Pope Leo during his visit to France

Environment|Science|Technology|Travel|World

The newest pandas in the US have arrived in Atlanta. What we know about Ping Ping and Fu Shuang

Two giant pandas landed in Atlanta, tasked with pairing up to help ensure their species’ survival on Earth.A lot weighs on the bears — a 6-year-old male named Ping Ping and a 5-year-old female named Fu Shuang — who arrived at Zoo Atlanta on Sunday. Both are part of Beijing’s long tradition of “panda diplomacy,” as the US and China face off over trade and an AI race that has some experts sounding existential alarm bells.During their time at Atlanta’s zoo, the pair is meant to breed to boost panda populations, which are considered vulnerable by conservationists.Questions remain ove

Environment|Science|Travel|World

2 giant pandas arrive in Atlanta under a US-China government agreement

Two giant pandas arrived in Atlanta on Sunday morning as part of an agreement between the Chinese and American governments. Ping Ping and Fu Shuang departed Chengdu in southwestern China early Sunday aboard a dedicated “FedEx Panda Express” Boeing 777 aircraft, officials said. A new agreement between Zoo Atlanta and the China Wildlife Conservation Association makes Atlanta one of three zoos in the U.S. to house giant pandas, along with the San Diego Zoo in California and the Smithsonian’s National Zoo in Washington, D.C. “This is a thrilling day for Zoo At

2 giant pandas arrive at Zoo Atlanta in a rare loan from China

South Africa police hunt suspects after three shootings leave more than 30 people dead

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Business|Economy|Finance|Science|Technology

AI agents promise to do everything for you. There may be a big wrinkle in that plan

Business|Economy

US and China agree to cut tariffs on $60 billion worth of goods, from coal to toys

Arts|Economy|Technology

Why the AI boom makes inflation harder to tame

Business|Economy|Environment|Food

‘Is it really worth it to keep going on?’ Economic pain hits America’s farm belt

Election

The clues of a possible future run inside Alexandria Ocasio-Cortez’s tour of New York State

Europe|Political

‘Please fight’: How an elderly woman’s eviction put Spain’s housing crisis in the spotlight

Election|Political

Trump administration begins airing 2024 Trump campaign ad in latest taxpayer-funded messaging

Election

White House airs another government-funded ad, this time with Trump warning of ‘final battle’

Election|Opinion|Political

Facing a barrage of Republican anti-trans ads, some Democrats are changing how they respond

Business|Economy|Food|Health

Attention, protein-maxxers: Trump’s trade war is coming for your whey

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls