The Economic Times

Gold prices have soared to a two-month peak as consumer inflation in the U.S. showed signs of cooling. This easing in inflation has reduced the likelihood of an immediate interest rate hike by the Federal Reserve. Financial markets are now looking forward to the upcoming producer price data to validate this trend.

Oil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict, a surprise build in U.S. crude inventories and stalled talks with Iran are impacting the market, with shipping risks in key straits adding to volatility.

Donald Trump is facing a lawsuit from The Intercept and Freedom of the Press Foundation seeking to halt Truth API, a paid service offering early access to his Truth Social posts. The plaintiffs allege the service violates the First Amendment and creates financial conflicts because Trump, Truth Media's largest shareholder, benefits.

Quote of the day by Hilary Duff offers a simple but powerful reminder about personal freedom. Other people will form opinions, make assumptions and interpret our choices through their own experiences. We cannot control all of that, and trying to do so can distract us from the life directly in front of us. What we can control is how thoughtfully we respond, whose advice we value, which criticism we learn from and which judgments we leave behind.

Quote of the day by Reese Witherspoon is a reminder that a meaningful life cannot be reduced to a perfect record of achievements. Every day will not produce a victory, and every year will not unfold according to plan. There will be missed opportunities, unexpected changes, disappointments and moments when progress seems frustratingly slow. But there will also be laughter, connection, growth, kindness, courage and unexpected reasons to be thankful.

In 1847, a Scottish obstetrician showed the world the use of chloroform as an anaesthetic during childbirth and surgery. Sir James Young Simpson tested the substance with colleagues in Edinburgh and later used it to reduce pain. His work helped spread anaesthesia in medicine and changed how doctors approached childbirth and surgical procedures.

In 1893, Rudolf Diesel published his design for a compression-ignition engine that aimed to improve engine efficiency and reduce dependence on existing steam and gasoline systems. His work later became the basis of diesel engines used in ships, trains, trucks, generators and industrial machines. Diesel also explored vegetable oils as fuel. His career later faced financial problems before his disappearance at sea in 1913.

European proverb of the day: A fair face may hide a foul heart teaches that physical beauty and a pleasant appearance do not reveal a person's true character. The proverb warns against judging people through looks, smiles or polite words. It says that actions, behaviour and time are better ways to understand intentions, character and motives.

White House Press Secretary Karoline Leavitt will depart her role in August. She wishes to dedicate more time to her young children and family. Leavitt will continue serving as a top outside advisor to the President. She has been praised for her work since 2018 and her influence. Leavitt will also assist the Republican Party in upcoming midterm elections.

Arabic proverb of the day explains how promises gain value through action. The saying compares a promise with a cloud and fulfillment with rain. It teaches that words can create hope, but actions create results. The proverb also connects trust with accountability, consistency, reputation and past behavior. Its message remains useful in relationships, work and daily life.

Swahili proverb of the day: A Swahili saying teaches us that love is best expressed through tangible actions. True affection manifests not in grand promises, but in small, thoughtful deeds performed daily. Such consistent efforts pave the way for trust and solidify relationships, reminding us that our actions reveal the importance of those we cherish.

Quote of the Day by Ed Sheeran: Ed Sheerans quote, I want to have a career that evolves as I go on, explores the importance of growth, adaptability, creativity, and continuous development in professional life. The quote suggests that a successful career does not have to remain fixed, but can change naturally as a person gains experience, discovers new interests, and embraces new opportunities.

Quote of the day by Blake Lively focuses on women becoming agents of change instead of only receiving the benefits of progress. Her statement about female empowerment, self-advocacy and active leadership explains why women can take ownership of their narratives, question limits, use their voices and take part in decisions that shape workplaces, industries and society.

Quote of the Day by Charlie Munger: Munger's famous quote, Nothing has served me better in my long life than continuous learning. The sentence is simple, but the idea behind it is much larger. He was not talking only about collecting degrees, reading financial reports or becoming an expert at work. He was describing a habit of staying mentally active and becoming a little wiser through experience, reading and curiosity.

Quote of the day by W. Somerset Maugham: W. Somerset Maugham viewed old age as a burden of memories. He believed memories, not failing faculties, made aging difficult. These memories can bring comfort or sadness from past experiences. The quote teaches accepting the past without letting it overshadow today.

Quote of the Day by Jennifer Lawrence: Jennifer Lawrences quote, My career is one thing in my life that I dont plan, explores the importance of flexibility, spontaneity, and allowing professional opportunities to develop naturally. The quote suggests that while planning can provide direction, a career can also grow through unexpected opportunities, experiences, and choices without requiring every step to be carefully predicted in advance.

South Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsung Electronics and SK Hynix. This news boosted investor confidence, which had waned after a July selloff. The chipmakers' shares saw substantial gains, and the benchmark Kospi index also climbed. Analysts view this as a positive signal, though not the sole driver of the rebound.

Billionaire Josh Kushner and former Disney CEO Bob Iger are set to buy the Lakers. This reported $12.5 billion deal would be the most expensive sports team sale ever. The transaction follows Mark Walter's acquisition of controlling interest last year. NBA Board of Governors approval is still required for the ownership change. Kushner and Iger aim to build on the team's established foundation.

Saudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Saudi export estimates. All recent Yanbu crude loadings have been conducted without visible tracking signals. Meanwhile, Saudi crude loadings from Egypt's Sidi Kerir have hit record levels. This shift reflects tanker companies altering sailing strategies amid rising war risk insurance.

US President Donald Trump was secretly moved to a different aircraft during his Turkey visit. This extraordinary operation occurred due to a credible missile threat against Air Force One. Officials devised last-minute plans to conceal the president's movements from potential adversaries. Trump and aides used a catering truck to switch planes discreetly. Senior officials and the press corps traveled on the original presidential aircraft.

During the Apollo missions, astronauts noted peculiar flashes of light occurring inside their spacecraft. These experiences were later attributed to energetic cosmic rays penetrating their vision. NASA played a pivotal role in investigating these occurrences, establishing a firm link between the light flashes and cosmic radiation. This foundational work is vital for preparing future astronauts against the hazards of long-duration space exploration.

Two New Orleans students saw a problem hiding in plain sight: discarded glass had little practical recycling value in their city, while Louisiana's coast desperately needed material to rebuild eroding wetlands. Their solution was to crush unwanted bottles into sand and gravel through Glass Half Full, the recycling operation they founded. Millions of pounds of glass have since been diverted from landfills, with the recycled material finding uses beyond ordinary recycling.

Iran and the United States remain divided over ending the Gulf war permanently. Talks to revive an interim deal agreed in June have seen no progress. New attacks on shipping in the region have further dampened hopes for resolution. The Strait of Hormuz, a vital waterway, remains a point of contention between the two nations. Both sides have intensified their rhetoric regarding the ongoing conflict and its potential outcomes.

Quote of the day by Oscar Wilde: Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth. Explore the deeper meaning behind this powerful quote by Oscar Wilde and discover how the Irish writers timeless observation explores honesty, identity, human nature, vulnerability and the surprising ways people reveal their true selves.

DFC turning into piggybank for President: Meeks rips DFC CEO over Trump, Lutnicks mining deal

Cancel Thanksgiving: Progressive dream crushed as Crowley defeats Francesca Hong in Wisconsin

Western North America's lakes are facing alarming water scarcity due to an extensive megadrought combined with significant water diversion. Notably, Lake Mead and Lake Powell have dwindled to just a small portion of their prior sizes. Similarly, the Great Salt Lake and Walker Lake have experienced drastic reductions in their water levels. The future for these crucial water bodies is fraught with challenges as they struggle to recover and stabilize.

Astronauts on the International Space Station experience sixteen sunrises daily. They follow a strict twenty-four-hour schedule, ignoring the rapid orbital cycles. Internal body clocks can mismatch with the external environment, affecting sleep patterns. Artificial lighting helps regulate astronauts' sleep and wakefulness cycles.

A parasite enters fish through gills and replaces their tongues. This isopod, Cymothoa exigua, attaches to the tongue stump and functions as a new tongue. Juvenile isopods mature as males and some later become female, which is biologically determined. Fishing pressure can worsen the impact of these mouth parasites on fish populations. These unsettling parasites are found in ordinary fish markets and kitchens worldwide.

The Congo Ebola outbreak is projected to exceed the 2014-2016 West African epidemic. This outbreak is currently the fastest-growing in recorded history. Health authorities believe the outbreak began months earlier than initially declared. Experts note challenges in tracking and managing the disease due to conflict and poor infrastructure. The World Health Organization anticipates the outbreak's peak within six months, with a longer duration possible.

A Maumelle High School football player in Arkansas got a terrifying surprise when he discovered a 2-foot cottonmouth hiding inside his helmet. The venomous snake, known for its dangerous bite, had reportedly been inside the headgear for nearly an hour before animal control officers safely removed it.

Quote of the Day by Katharine Hepburn: Katharine Hepburns quote, If you need a helping hand, you can find one at the end of your arm, explores the importance of self-reliance, personal strength, and taking responsibility for your own actions. The quote suggests that people often have the ability to help themselves by using their own determination, confidence, and resources rather than always waiting for assistance from others.

Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal year. Meanwhile, wider trends indicate that while AI is reshaping jobs rather than simply removing them, investment in AI is simultaneously generating new employment opportunities across diverse sectors. The influence of technology on the labor landscape continues to evolve in a complex manner.

Irish proverb of the day: The timeless Irish proverb, An unpractised craft is an enemy (Is namhaid ceird gan chleachtadh), reminds us that talent without ongoing dedication becomes a burden rather than a blessing. It warns that neglected skills degrade over time, undermining our confidence and professional progress. True mastery demands regular exercise, continuous refinement, and steady personal discipline. By honoring our abilities through daily action, we turn potential into a powerful engine

California anticipates a dangerous winter with record coastal sea levels. A rapidly strengthening El Nio threatens increased flooding and erosion along the shoreline. Higher seas could combine with large waves and winter storms for greater pressure. Beaches may lose their sand buffer, exposing infrastructure to powerful surf. Warmer Pacific waters also risk marine heatwaves and harmful algal blooms.

Japanese proverb of the day: Understanding our own flaws enables us to accept the imperfections of those around us. Acknowledging that everyone is fallible is a fundamental aspect of human nature. This Japanese saying advocates for cultivating empathy in our connections with others.

Choosing a baby girl name can be exciting, and names starting with B offer many options. Popular choices like Brooklyn and Bella have distinct origins and meanings for parents. Unique names such as Briony and Blythe provide less common yet beautiful selections for newborns. Classic and vintage names like Barbara and Bonnie offer timeless appeal and historical connections.

OpenAI reportedly has an internal friction email that allows employees to flag workplace problems and bureaucratic bottlenecks, with serious issues potentially reaching CEO Sam Altman or President Greg Brockman. The unusual system also has a surprising connection to Jeff Bezos and Amazons famous escalation practice.

Quote of the Day by John Travolta: John Travoltas quote, As you get older you have to force yourself to have new dreams, explores the importance of personal growth, ambition, hope, and continuing to look toward the future. The quote suggests that growing older should not mean giving up on dreams, but rather finding new goals and aspirations that bring purpose, excitement, and meaning to each stage of life.

Hoekstra petition: The Pete Hoekstra petition has gathered nearly 30,000 signatures from Canadians calling on the government to declare the US ambassador persona non grata and seek his removal. The petition is expected to be presented in Parliament, putting fresh focus on Hoekstra and Canada-US diplomatic relations. The phrase persona non grata is a diplomatic term meaning that a country has declared a foreign diplomat unwelcome.

Todays Quote of the Day by Ryan ONeal: Ryan O'Neal's classic quote on relationships emphasizes that romantic perfection is an unattainable myth created by culture. True love is not defined by flawless harmony, but by how two flawed individuals offer each other forgiveness, acceptance, and compassion over time. This insightful quote offers a grounded blueprint for long-term emotional resilience, personal maturity, and authentic human connection.

Psychology says people who decorate their car's interior with soft toys, cushions, lights and others aren't necessarily trying to attract attention or show their financial status. The behavior can reflect a need for comfort, personal identity, emotional regulation and security. A decorated car can become a familiar space that helps a person manage stress during traffic, long commutes and daily travel.

The comments, which Putin made as he oversaw navy drills in Russia's far east, come as the EU tries to ratchet up pressure on Russia's so-called shadow fleet, expanding sanctions against hundreds of vessels and detaining some ships and their crews for checks. Some European governments have said they are exploring tougher maritime enforcement measures against ships suspected of sanctions evasion.