Author: Daniel snow
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, 2025.Evelyn Hockstein | Amer Hilabi | AFP | Getty ImagesDUBAI, United Arab Emirates — Oil prices spiked overnight on geopolitical concerns, as U.S. President Donald Trump struck a sharply more negative tone over the progress of nuclear talks with Iran and announced the withdrawal of…
The extraordinary abode is spread across three floors and boasts 11,000 square feet of living space Source link
FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Picture taken May 21, 2018. Ahmed Jadallah | ReutersCrude oil futures fell about 2% on Thursday as traders monitored tensions in the Middle East.U.S. West Texas Intermediate was down $1.38, or 2.02%, to $66.77 a barrel. Global benchmark Brent fell $1.35, or 1.93%, to $68.42 per barrel.Israel is considering taking military action against Iran without U.S. support in the coming days, five people with knowledge of the situation told NBC News.Oil prices jumped more than 4%…
U.S. dollar dominance provides Americans with many special economic, financial and geopolitical benefits. Source link
Jeff Gundlach has a ton of ideas about where to invest right now, and U.S. markets may be the least of those, he says. Source link
Jake Loosararian, co-founder and CEO of Gecko Robotics.Source: Gecko RoboticsGecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company’s valuation to $1.25 billion.The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company’s previous round of funding, a $173 million Series C in December 2023, valued it at $633 million.To date, the company has raised $347 million from investors including USIT, XN, Founders Fund and Y Combinator. Its latest round was led by new…
The Fed isn’t going to cut rates anytime soon even though inflation has cooled. Source link
Korean won gains on post-election reform optimism, UBS cautious Source link
It’s all about finding the right credit cards to maximize your benefits, experts say — and avoiding this one major mistake. Source link
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images)The India Today Group | The India Today Group | Getty ImagesIndia’s consumer inflation eased to a cooler-than-expected 2.82% in May, the country’s Ministry of Statistics and Programme Implementation reported Thursday.The year-on-year headline inflation came in below a Reuters’ median poll estimate of a 3% increase. It had risen by 3.16% in April.Food inflation, a key inflation metric, hit 0.99% in May, sharply below the 1.78% of April.late cut, slashing the benchmark repo rate by…