
US Back-to-School Spending Seen Falling as Families Focus on Essentials
Jul 09, 2026 04:38 am UTC| Economy
U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion
Jul 09, 2026 03:57 am UTC| Economy
Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets
Jul 09, 2026 03:54 am UTC| Economy
Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief
Jul 09, 2026 03:41 am UTC| Politics Economy
Venezuelas devastating twin earthquakes have claimed at least 3,811 lives, according to updated figures released Wednesday by National Assembly President Jorge Rodriguez. Authorities said the June 24 earthquakes also left...

China Inflation Cools in June as Producer Prices Hit Four-Year High
Jul 09, 2026 03:04 am UTC| Economy
Chinas consumer inflation slowed in June while producer prices climbed at their fastest annual pace in four years, highlighting uneven inflation trends and reinforcing expectations that policymakers may introduce further...

Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears
Jul 09, 2026 03:01 am UTC| Economy
Oil prices extended their rally on Thursday as escalating tensions between the United States and Iran heightened concerns over potential disruptions to Middle East crude supplies, with renewed security risks in the Strait...

US Stock Futures Steady as US-Iran Tensions and Fed Inflation Concerns Weigh on Markets
Jul 09, 2026 02:59 am UTC| Economy
U.S. stock index futures traded little changed late Wednesday as investors assessed rising geopolitical tensions between the United States and Iran alongside the Federal Reserves cautious stance on inflation and interest...