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The Economic Times

Global Business / The Economic Times

Gold flat as focus turns to Fed minutes

Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.

7 Oct 2026 7:28 am
Oil prices rise as storms and air strikes threaten supply

As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending storm threatens to disrupt both production and refining processes, potentially affecting large quantities of crude oil and natural gas. Additionally, dwindling US crude and gasoline inventories contrast with a minor increase in distillate stocks.

7 Oct 2026 7:22 am
CNNs new era begins as Skydance brings two news giants under one roof

Skydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as editor-in-chief, while new governance structures are under consideration. Critics worry that corporate ownership may influence news coverage and reporting standards over time. Skydance's relationship with political figures, particularly Donald Trump, adds another layer of complexity to its news operations. Discussions about maintaining journalistic integrity

7 Oct 2026 7:21 am
Trump says nobody knows who is running Iran as war enters eighth month

US President Donald Trump stated that nobody knows who is currently running Iran amid ongoing conflict. He expressed concerns about Iran's leadership following the death of Supreme Leader Ayatollah Ali Khamenei at the war's onset. Iran's foreign ministry spokesman countered by asserting that the US understands Iran's decision-making system. Meanwhile, rising fuel prices due to the conflict could impact Trump's party during the upcoming midterm elections.

7 Oct 2026 7:12 am
Russia pneumonic plague revives fears of COVID-19: What are chances of virulent disease becoming another worldwide pandemic? Read Experts' opinions

Russia pneumonic plague: The woman died at a hospital in Shelekhov, a town just outside the city of Irkutsk, and its mayor said the hospital was placed under quarantine. The top officials from Russias national public health watchdog traveled to the region on Friday.

7 Oct 2026 6:56 am
Trump doesn't commit to repaying federal funds spent on TV ads that praised him

US President Trump indicated he would cover future ad expenses from his campaign account while federal taxpayer funds remain unrefunded. Criticism has emerged from both political parties regarding the appropriateness of using taxpayer money for these ads. Legal experts are examining potential violations of federal laws concerning publicity and propaganda funded by appropriated money. Senate Democratic Leader Chuck Schumer called for an investigation into the use of taxpayer resources.

7 Oct 2026 6:46 am
French riot police fire tear gas as more than 2,50,000 join student protests nationwide

Protests in France have seen over a quarter of a million people rally for education funding support. High school students began demonstrations two weeks ago, leading to school blockades and police responses. Authorities have shut down several schools to control the situation and ensure safety. Meanwhile, an online portal has been launched for students to voice their complaints and proposals.

7 Oct 2026 6:40 am
Hurricane in Gulf: Tropical Depression 9 to become first Atlantic hurricane storm of 2026, predicted to hit Louisiana, Mississippi, forecast landfall could affect Shell, Chevron, other refineries

Hurricane tracker: Shell Plc began evacuating non-essential workers from its Stones, Mars, Olympus, Ursa, Vito and Appomattox offshore production assets in the US-regulated northern Gulf of Mexico on Tuesday, the company said in a statement posted online.

7 Oct 2026 6:30 am
Dolly Parton estate Bryan Seaver lawsuit: Legendary singer's nephew puts up barbed wire, no trespassing sign. Here's why

Dolly Parton estate petition names Bryan Seaver who was handpicked by the star to announce her death from cancer and his company, Squadron Augmented Protection Services.

7 Oct 2026 5:59 am
Nvidia share price jumps nearly 30 per cent in 2026 as world's most valuable company heads for USD 6 trillion market value

Nvidia stocks, market cap: Elon Musk's SpaceX is seeking to raise $40 billion in a financing effort led by asset manager Apollo Global Management to purchase Nvidia chips, the Financial Times reported on Tuesday.

7 Oct 2026 5:13 am
Gold price prediction: Gold rate slips for the year in 2026, experts predict bullion price for next 12 months

Gold price is expected to hit $5,013 a troy ounce over the next 12 months, up from the current level of $4,170, delegates to the London Bullion Market Association's (LBMA) annual gathering in Sorrento, Italy predicted on Tuesday. A year ago the delegates of the same conference expected gold to be at around $4,980 by now.

7 Oct 2026 4:52 am
Why captive African male lions hit puberty earlier than wild lions, some at just 1.2 years of age? Heres what researchers found

A study found captive-born African male lions reached puberty earlier than wild-born lions, with some reaching the stage before 1.2 years of age. Researchers linked the timing to body weight and growth rate, while hormone and sperm measurements provided further evidence of reproductive development.

7 Oct 2026 3:00 am
What did you mean?: Trump walks away from CNN as Kaitlan Collins presses over LA, San Diego Remark

What did you mean?: Trump walks away from CNN as Kaitlan Collins presses over LA, San Diego Remark

7 Oct 2026 2:36 am
'Let 'em take out Los Angeles & San Diego': Trump faces Dems' wrath over Iran comment; WH clarifies

'Let 'em take out Los Angeles & San Diego': Trump faces Dems' wrath over Iran comment; WH clarifies

7 Oct 2026 2:33 am
On dialysis every other day: Witness reveals how kidney failure began after COVID vaccine shot

On dialysis every other day: Witness reveals how kidney failure began after COVID vaccine shot

7 Oct 2026 2:32 am
His kidneys got trashed: Witness reveals friends condition deteriorated after COVID treatment

His kidneys got trashed: Witness reveals friends condition deteriorated after COVID treatment

7 Oct 2026 2:31 am
There are two kinds of Senators: JD Vances sarcastic comeback to Rubio leaves crowd in stitches

There are two kinds of Senators: JD Vances sarcastic comeback to Rubio leaves crowd in stitches

7 Oct 2026 2:30 am
Paramount Skydance merger: Is David Ellisons $110 billion hollywood gamble now about tech?

Paramount Skydance has completed a $110 billion merger with Warner Bros. Discovery to reshape Hollywood's landscape. The merger combines major studios and platforms under one roof, aiming for efficiency and technological advancements. Skydance plans to streamline operations while managing considerable debt and integrating two large companies. Executives emphasize the importance of technology and artificial intelligence in enhancing viewer experiences.

7 Oct 2026 2:18 am
Someone in South Carolina has a $50,000 powerball ticket and they may not even know it yet

A Powerball ticket worth $50,000 has yet to be claimed by its owner in South Carolina. This winning ticket was sold at St. Stephen Foodmart, matching four white balls and the Powerball. The winner has 180 days from the drawing date to claim their prize. Lottery officials encourage players to check their tickets against the winning numbers drawn on Monday night.

7 Oct 2026 1:34 am
Trump LIVE | POTUS sets the pitch for midterms as he campaigns for Republicans in Maryland

Trump LIVE | POTUS sets the pitch for midterms as he campaigns for Republicans in Maryland

7 Oct 2026 1:31 am
Motivational quote of the day by Oscar-winning actress Jamie Lee Curtis: The goal is to get comfortable with... Powerful life lessons on self-acceptance, confidence, self-doubt, comparison, authenticity, and finding joy in your own path

Quote of the day by Jamie Lee Curtis: Jamie Lee Curtis once summarized a foundational truth of personal growth in a single sentence: The goal is to get comfortable with yourself and find the things you like to do. The statement sounds straightforward, yet it addresses one of the most persistent challenges in adult life.

7 Oct 2026 1:30 am
Tata Sons seeks legal opinion on Trusts' plan to avoid mandatory listing

The Tata Sons board has sought legal advice on a restructuring proposal from Tata Trusts aimed at avoiding a mandatory listing of the group holding company, people familiar with the matter said. The board is unlikely to formally consider the proposal until its validity as a shareholder mandate is established.

7 Oct 2026 1:01 am
Services activity hits 3-month high in September on demand surge

The HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, although it remained below the 60.9 recorded in September 2025. A reading above 50 indicates expansion in activity, while a figure below that signals contraction.

7 Oct 2026 12:56 am
October Horoscope surprise: Four zodiac signs are about to feel the tide turn on Wednesday - Is yours one?

For some zodiac signs, luck may not come in the form of a winning ticket. It could show up as help arriving at just the right time. A new connection may open an unexpected door. Even an answer they have been waiting for could finally arrive.

7 Oct 2026 12:50 am
As AI threatens to overload the power grid and America faces an electricity crunch, heres what tech giants are betting on to keep the power flowing

U.S. electricity consumption grew by less than 0.5% annually. Now, AI data centers, factories, robotics and wider electrification are pushing power needs higher. Nuclear energy is gaining attention because it can provide steady, low-carbon electricity at scale.

7 Oct 2026 12:46 am
McDonalds Monopoly returns with $1 million cash prize: Heres how to play and what else you can win

McDonalds Monopoly is back with a $1 million cash prize, 2027 Jeep Cherokees, cruises and other rewards. Heres how the game works, where to find game pieces, how the McDonalds app is used and when the promotion ends.

7 Oct 2026 12:44 am
October 7 brings a rare confidence boost for 3 zodiac signs: Something finally starts going their way

The biggest blessing may not come from something new suddenly entering their lives. For these signs, the real shift may already be happening within. Old rules no longer feel impossible to challenge. Other peoples approval begins to matter less. Confidence starts to come more naturally.

7 Oct 2026 12:15 am
Three Iranians on trial in Britain for 'spying' on scribes critical of Tehran

Mostafa Sepahvand, 41, Farhad Javadi Manesh, 46, and Shapoor Qalehali Khani Noori, 57, have each denied two charges under Britain's National Security Act, brought in to give the authorities new powers to target threats from foreign states.

7 Oct 2026 12:08 am
US, China mull reciprocal visits to nuclear facilities: Report

The idea of reciprocal visits was initially raised by China in meetings with US officials this year, and visits to US Department of Energy national laboratories and equivalent Chinese facilities were discussed, CNN said, citing a source.

6 Oct 2026 11:59 pm
What's brewing in Mocha? Houthis deny losses, claim Riyadh airport attack

The Houthi statements come as Yemen's military said it had removed the pro-Iran group from areas around the Bab al-Mandab strait, a Red Sea chokepoint, and the port city of Mocha. Fighting across Yemen has killed more than 270 government troops and Iran-backed Houthi fighters over the past day, sources on both sides told AFP on Tuesday.

6 Oct 2026 11:54 pm
India backs Afghanistans sovereignty as Taliban, Pakistan clash at Moscow talks

India has expressed its commitment to Afghanistan's sovereignty and territorial integrity at the recent Moscow Consultations. A delegation led by Indian ambassador Vinay Kumar underscored India's dedication to Afghan welfare. The meeting involved officials from various countries, including officials from Russia and Pakistan. Notably, disputes arose between the Taliban and Pakistan, hindering a joint statement's adoption. The Afghan foreign minister accused Pakistan of destabilizing efforts withi

6 Oct 2026 11:43 pm
United passengers spent 12 hours waiting to fly from Washington to Rome, but a series of mechanical, weather and crew problems changed everything

United Airlines Flight 884 faced significant delays due to technical issues, weather complications, and crew time limits. Passengers boarded in Washington, D.C., but experienced an extended wait before the flight was finally canceled. Ultimately, travelers spent approximately 12 hours at the airport before rebooking on a later flight to Rome. The prolonged disruption raised frustrations among passengers, who questioned the handling of the situation.

6 Oct 2026 11:42 pm
Freddie Jackson was trained as a gospel singer before becoming one of R&B's biggest stars

Freddie Jackson, the beloved R&B singer, has passed away at the age of 70 after a courageous fight with kidney disease. A native of Harlem, he captured hearts with timeless hits like 'You Are My Lady' and 'Rock Me Tonight.' His music, cherished by many, defined moments across generations. Despite health challenges, Jackson's impact remained significant.

6 Oct 2026 11:17 pm
Freddie Jackson cause of death: R&B singer dies at 70 just days after his birthday-here's what is known about his death

Freddie Jackson passed away three days after celebrating his 70th birthday, as announced by his family. He was renowned for hits like 'You Are My Lady' and 'Rock Me Tonight.' Jackson's music defined the quiet storm genre and resonated with romance and celebration for many fans. His family is yet to disclose details regarding funeral arrangements and ways to honor his legacy.

6 Oct 2026 11:04 pm
Warren Buffetts S&P 500 investment advice: How $400 a month in this fund may grow to $820,000 in 30 years

Warren Buffett advocates for investing in the S&P 500 index fund over picking individual stocks. A consistent investment of $400 each month could yield impressive returns based on historical data. After three decades, this strategy might lead to around $820,000, assuming that past annual returns continue.

6 Oct 2026 11:01 pm
Ted Lasso Season 5 has no green light yet, but Jason Sudeikis may have a bigger plan

Apple has not described Ted Lasso Season 4 as the shows final chapter. A series finale would typically come with a clear marketing campaign around its ending. So far, that messaging is missing. It leaves the door open for speculation about the shows future.

6 Oct 2026 11:00 pm
'Like a band-aid opening': Eye wittnesses reveal the unsettling sounds they heard from Christa Pike's execution chamber

Christa Pike's execution by lethal injection was marred by issues, distressing witnesses with unsettling sounds from the chamber. While her legal team asserts she was rendered unconscious and is now reliant on a ventilator, the outlook for her recovery remains uncertain following the botched procedure. Amid these complications, her lawyers are advocating for her death sentence to be commuted to life in prison.

6 Oct 2026 10:49 pm
Rats, broken toilets and collapsing ceilings: Why 1,800 French high schools were blocked or closed as 250,000 people took to the streets

Frances national lyce students union said 1,800 of the countrys roughly 3,700 high schools were either blocked or closed. Some authorities shifted classes online. By Monday, nearly 590 high schools had reported disruptions.

6 Oct 2026 10:40 pm
'My daughter was brutally stabbed 25 times to': Trump brings Angel Mom on stage at Nebraska rally

'My daughter was brutally stabbed 25 times to': Trump brings Angel Mom on stage at Nebraska rally

6 Oct 2026 10:34 pm
Russia must be transparent: Rubio demands answers from Moscow over plague outbreak

Russia must be transparent: Rubio demands answers from Moscow over plague outbreak

6 Oct 2026 10:33 pm
Michigan is a battleground in 2026: An open Senate seat after Sen. Gary Peters' retirement has both parties fighting for it all in US midterm elections

Michigan's open Senate seat becomes highly contested with Democrat Abdul El-Sayed and Republican Mike Rogers. El-Sayed focuses on healthcare reform, advocating for Medicare for All and reducing medical debt. Conversely, Rogers emphasizes restoring manufacturing jobs and better managing costs for essential goods. Analysts highlight the race as a reflection of each party's strategies in a key battleground state. The election outcome on November 3 will significantly impact U.S.

6 Oct 2026 10:27 pm
A new Doctor Who is boarding the TARDIS: Where does he fit in the timeline and when is he making a comeback?

The new Doctor Who series brings in a younger version of the Doctor. He will travel through time and space alongside a new group of companions. The Daleks are also set to make a comeback.

6 Oct 2026 10:15 pm
Business owners, check this now: Group health premiums are fully deductible in 2026, and many owners still overlook these savings today

Business owners reviewing 2026 taxes shouldn't overlook employee health benefits. Group health insurance premiums are fully deductible, while qualifying HSA, HRA and FSA contributions can also provide tax advantages. For eligible small businesses, the Small Business Health Care Tax Credit may further offset premium costs.

6 Oct 2026 9:39 pm
Russia tells WHO there are no plague cases in Siberian city

Russian authorities have informed the World Health Organization there are no plague cases in Irkutsk. They confirmed the investigation into a laboratory worker's death was ongoing and pneumonic plague was considered. All individuals in contact with the deceased have been identified and tested negative for infectious pathogens. The WHO stated that the overall risk of plague to the general population appears low.

6 Oct 2026 9:38 pm
North Carolina is one of the midterm states to watch in 2026, with an open Senate seat that could help decide who controls the chamber

North Carolina's upcoming Senate election features Democrat Roy Cooper against Republican Michael Whatley in a highly competitive environment. The election is significant as it could influence party control in the Senate, where Democrats need to gain seats. Hurricane recovery from Hurricane Helene also plays a crucial role in shaping the candidates' campaigns and public opinion. Fundraising efforts have already reached substantial amounts, indicating an expensive race ahead.

6 Oct 2026 9:25 pm