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The Economic Times

Global Business / The Economic Times

Gold inches higher, focus on Fed minutes

Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve's meeting minutes for guidance on upcoming policies. Other precious metals displayed mixed trends in the market as key economic data is set to be released throughout the day.

19 Aug 2026 7:29 am
Oil edges up on uncertainty over exports through Hormuz

Oil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Strait of Hormuz. Iraq approved new export routes to avoid the critical waterway amid the ongoing conflict. Chinese shipping giants stopped using Hormuz and Bab al-Mandeb straits. US crude and distillate inventories fell last week while gasoline stocks rose.

19 Aug 2026 7:24 am
Quote of the Day by Jim Carrey: It is better to risk starving to death than... a powerful life lesson on relentless ambition, dream pursuit, personal resilience, artistic risk-taking and why surrendering core purpose poses a far greater threat to human identity than physical hardship by the Golden Globe-winning actor

Quote of the Day by Jim Carrey: It is better to risk starving to death than surrendera stark reminder that true failure is not financial insecurity, but existential surrender. Carrey contrasts physical hardship with the quiet tragedy of abandoned ambition, arguing that living without passion hollows out human purpose entirely. Beyond mere motivation, this declaration challenges us to weigh the temporary comfort of playing it safe against the permanent loss of self. True security means very littl

19 Aug 2026 6:55 am
Trump is threatening to bomb Oman, but why?

Oman faces US President Trump's threats amid ongoing talks with Iran. These discussions concern managing the vital Strait of Hormuz shipping route. Trump expressed anger over a potential Oman-Iran deal regarding the strait. Oman has historically pursued engagement and mediation in the region. The sultanate is now navigating complex geopolitical pressures from both sides.

19 Aug 2026 6:40 am
'We will correct delusions of this deluded man': Iran hits back at Trump's assertion over Hormuz as 'NEW U.S. Territory'

Iran has warned Donald Trump that his claims over the Strait of Hormuz will be corrected. Iranian officials dismissed Trump's assertions as delusions and stated their resolve. Trump had shared an AI-generated image claiming the waterway as new US territory. Iran insists the strait will remain closed until US commitments are met. Tensions remain high over the critical global energy route.

19 Aug 2026 6:26 am
UAE says all trade, commercial exchanges and financial transactions with Iran halted until further notice

The UAE has announced a complete shutdown of all trade, commercial dealings, and financial transactions with Iran. This significant move is effective immediately and will remain in place until further notice, signaling a major shift in bilateral economic relations between the two nations.

19 Aug 2026 6:16 am
Trump picks Heidi Overton to run Food and Drug Administration, Bloomberg News reports

President Donald Trump has chosen Heidi Overton to lead the Food and Drug Administration. Overton currently serves as deputy director of the White House domestic policy council. She previously worked at the America First Policy Institute think tank. Kyle Diamantas has been acting chief since Marty Makary resigned in May. The White House and FDA did not immediately respond to requests for comment.

19 Aug 2026 6:11 am
Quote of the day by Jim Carrey, 'Life opens up opportunities to you, and you either take them or you stay afraid of taking them' offers timeless motivational inspiring life advice on personal growth, strength for success in career, work

Quote of the day by Jim Carrey encourages us to recognize opportunity, respect fear, and choose action when the moment is right. Life will present countless crossroads, and not every path will be appropriate. But refusing to act solely because the outcome is uncertain can keep people permanently inside the boundaries of what they already know. The most meaningful opportunities often require preparation, vulnerability, persistence, and a willingness to accept imperfect outcomes. Fear may always b

19 Aug 2026 5:20 am
Quote of the day by Entrepreneur Leila Hormozi, 'Get around people who talk about future you. Get away from people who talk about past you' offers life lessons on human nature, empathy, compassion, kindness, confidence, validation

Quote of the day by Leila Hormozi offers a timely lesson about choosing relationships that support personal growth and future success. We cannot change everything about our past, and we should not try to pretend that it never happened. But we can decide how much influence it has over the person we are becoming. Surrounding ourselves with people who see possibility can help us develop confidence, ambition, and resilience, while constantly returning to an outdated identity can make growth unnecess

19 Aug 2026 4:58 am
Quote of the day by Nvidia CEO Jensen Huang, 'Smart people focus on the right things' offers timeless life advice, wisdom on purpose, perspective, ambition, discipline, courage, perseverance for success

Quote of the day by Jensen Huang offers a simple but profound lesson about focus, intelligence, and success. Being smart is not merely about solving difficult problems or possessing vast amounts of knowledge. It is also about recognizing which problems are worth solving in the first place. The ability to identify priorities, eliminate distractions, make thoughtful choices, and sustain attention can turn limited resources into meaningful results.

19 Aug 2026 4:40 am
In 1983, Delawares former tanker was built for a life at sea carrying oil. 43 years later, the vessel was deliberately sunk off Delawares coast, beginning a second life as an artificial reef for marine species

The Calcasieu Pass vessel, constructed in 1982 for oil operations, has made a remarkable transition to become a key component of Delaware's artificial reef ecosystem. Initially serving in the menhaden fishing fleet, this vessel's end-of-life has been embraced through a thoughtful conversion process, funded federally.

19 Aug 2026 2:22 am
Quote of the day by Euclid: 'Let it be granted that things which are equal to the same thing are...' - thought-provoking quote by Greek mathematician and father of geometry teaches inspiring life lessons on equality, logic and why clear thinking matters in daily life

Quote of the day by Euclid: Euclid's quote on equality provides a simple yet profound life lesson. This ancient mathematical axiom states that things equal to the same thing are equal. His foundational work, Elements, structured geometry and mathematical reasoning systematically. Euclid's deductive reasoning methods influenced mathematicians for over two millennia.

19 Aug 2026 1:37 am
4 Birth months that have a rare gift for making people feel truly seen

Certain birth months possess unique talents for offering sincere and impactful compliments. October-born individuals excel at knowing precisely what words will uplift others. August natives use their charisma to make praise feel naturally contagious and encouraging. December's optimism helps turn self-doubt into powerful motivation for those around them. July's empathy allows for deeply personal compliments that resonate with individual struggles.

19 Aug 2026 1:28 am
Every day, 50,000 litres of polluted water flow from South Africa's Stiebeuel River into natural filter beds, where stones, sand and biochar clean it in 5 days, removing 99% of harmful bacteria and creating water for irrigation

Researchers in South Africa are using a nature-based filtration system to treat polluted water from the Stiebeuel River in Franschhoek. At the Water Hub, old wastewater treatment infrastructure has been adapted with stones, coarse sand, biochar, plants and naturally occurring microbes to remove pollutants. The system treats approximately 50,000 litres of contaminated water each day, with the research reporting 99% removal of harmful bacteria and major reductions in ammonia and phosphate.

19 Aug 2026 1:05 am
In 1742, a Swedish astronomer proposed the centigrade temperature scale simplifying global scientific communication, weather tracking and metric alignment: How Anders Celsius invention changed the world?

In 1742, a Swedish astronomer proposed the centigrade temperature scale simplifying global scientific communication, weather tracking and metric alignment. Anders Celsius developed a 100-degree scale for measuring temperature with a mercury thermometer. His original scale was later reversed, creating the Celsius scale used in science, weather reports and daily temperature measurements.

19 Aug 2026 1:03 am
5 zodiac signs could experience a major turning point on August 19, 2026, as Angel Number Day 8/19 brings themes of endings, new beginnings, recognition and opportunity

On August 19, 2026, five zodiac signs stand on the brink of transformative change. Scorpio, Gemini, Leo, Aries, and Sagittarius will resonate with the numerological energies that signal fresh starts and the conclusion of old cycles. This period embraces the idea that endings pave the way for new opportunities, fostering confidence and aligning with personal aspirations for a brighter future.

19 Aug 2026 12:57 am
A Massachusetts turtle vanished for 10 years after its 2011 release, then returned as an adult to the same wild habitat; 15 years later, two of its captive-raised offspring were released there to continue the story

A Blandings turtle vanished into the wild for more than a decade. Ivy was released in Massachusetts in 2011 after being raised at Stone Zoo. Researchers feared they might never see her again. Then, in 2023, Ivy returned as a healthy adult. In 2025, she laid eight eggs. Now, two of her captive-raised offspring have been released into the same Great Meadows marsh, marking a major step for turtle conservation.

19 Aug 2026 12:42 am
Quote of the day by Jennifer Aniston: 'Its impossible to satisfy everyone, and I suggest we...' Life lessons from motivational quote on authenticity, self-acceptance, peace, energy, boundaries, mental health, authentic happiness and external approval

Quote of the day by Jennifer Aniston focuses on authenticity, self-acceptance, peace, boundaries and the need to stop seeking external approval. The quote explains why trying to satisfy everyone can cause stress and drain energy. It also offers life lessons about self-respect, personal values, mental health, authentic happiness and accepting that people will not always agree.

19 Aug 2026 12:32 am
In 2006, engineers reused 250,000 cubic yards of dredged sand to restore Elders Point East in Jamaica Bay. 10 years later, the approach had restored 40 acres of wetlands and helped reverse marsh-island erosion

A New York Harbor dredging project became an opportunity to restore Jamaica Bays declining marsh islands. Beginning in 2006, the U.S. Army Corps of Engineers used 250,000 cubic yards of dredged sand to rebuild Elders Point East Island and restore 40 acres of wetlands. The effort followed decades of federal research into the environmental management and beneficial use of dredged material.

19 Aug 2026 12:24 am
Psychology says people who save money all year long to live the dream of enjoying the luxury lifestyle at least once aren't simply wasting their savings: What the behavior reveals?

Psychology says people who save money all year long to live the dream of enjoying the luxury lifestyle at least once aren't necessarily careless with money. This behavior can reflect a desire for emotional rewards, social validation and relief from routine. People may accept months of saving because they expect one luxury experience to create a strong memory. However, research on hedonic adaptation suggests that this happiness often decreases after the experience ends.

19 Aug 2026 12:17 am
4 zodiac signs could attract luck and wealth on August 19, 2026, as Jupiter trines Saturn, bringing opportunities for growth, creativity, relationships and financial progress

Mark your calendars for August 19, 2026, when four zodiac signs will thrive with abundance. Aries individuals will flourish through their artistic flair and firm self-assurance. Libras will reap good fortune through cherished and supportive connections. Capricorns will benefit from their chosen family's essential backing. Conversely, Cancers should focus on preserving their energy to cultivate an environment ripe for blessings.

19 Aug 2026 12:13 am
Hormuz won't open until Iran's demands are met: Mohammad Bagher Ghalibaf

Qatar said that an agreement between Iran and Oman would make it easier to resume negotiations to end the war. An agreement over the Strait of Hormuz would make it much easier for us to resume the talks between the US and Iran, Qatari foreign ministry spokesman Majed Al Ansari told reporters.

19 Aug 2026 12:06 am
Beijing shifts focus to counties for economic revival

The government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and local fairs. It includes encouraging domestic and international brands to open regional debut stores and promote the revitalisation of existing land resources to improve services, according to the guideline issued by the Ministry of Commerce.

18 Aug 2026 11:48 pm
Bill Rasmussen, ESPN founder, dies at 93 after Parkinsons battle

ESPN founder Bill Rasmussen, who envisioned a dedicated sports channel, has died. He was ninety-three years old after a battle with Parkinson's disease. Rasmussen's ambitious idea transformed sports media consumption for fans worldwide. His vision launched ESPN in 1979, creating a global sports media powerhouse. The network's evolution into a vast ecosystem reflects his enduring legacy.

18 Aug 2026 11:47 pm
Yoruba proverb of the day: 'The wealth which enslaves the owner isnt...' - this African saying teaches motivational life lessons on building wealth without becoming its prisoner, why money shouldn't control your life and why financial success shouldn't come at the cost of freedom

Yoruba proverb of the day: A Yoruba proverb teaches that wealth enslaving its owner is not true wealth. The pursuit of money can become exhausting and take away life's enjoyment. Financial security is valuable, but time and peace of mind are also essential. True wealth offers freedom to spend time wisely, not just accumulate possessions.

18 Aug 2026 11:47 pm
Quote of the day by Princess Diana: 'Lets not wait to be prompted. Let us go out today, tomorrow and the days that follow and let us...' Life lessons from inspirational quote on compassion, suffering, proactive kindness, consistency and humanity

Quote of the day by Princess Diana highlights the need to show compassion through action. Her December 12, 1995 speech called on people to help others without waiting for a request. The message focuses on kindness, consistency, empathy and humanity. Dianas life and charity work also show how she used her public role to support people facing suffering.

18 Aug 2026 11:43 pm
In 723 CE, two 8th-century Chinese polymaths during the Tang dynasty invented the world's first mechanical clockwork escapement mechanism: How Yi Xing and Liang Lingzan changed timekeeping?

In 723 CE, two 8th-century Chinese polymaths during the Tang dynasty invented the world's first mechanical clockwork escapement mechanism. Yi Xing, a Buddhist monk, mathematician and astronomer, and Liang Lingzan, an engineer, artist and government official, developed a water-powered astronomical clock that used a water-wheel linkage to control movement and display celestial changes.

18 Aug 2026 11:38 pm
At 86, a Pennsylvania farmer turned down more than $15 million from data-center developers and accepted $1.9 million instead, sending his land down a very different path: keeping the farm alive rather than turning it into a server campus

An 86-year-old Pennsylvania farmer declined over fifteen million dollars for his farms. He accepted one point nine million dollars for a conservation easement instead. This deal preserves working farmland and wildlife habitat for future generations. Local voters supported this preservation through a dedicated tax referendum. The farmer's choice protects rural views along Interstate eighty-one.

18 Aug 2026 11:37 pm
17 gallons of Atlantic fog can become drinking water in 24 hours as Moroccos mountain nets capture moisture above the Anti-Atlas, then gravity carries it downhill to homes where families once walked hours for water

In southwestern Morocco, Atlantic fog is being transformed into drinking water through a network of specialized mesh nets on Mt. Boutmezguida. Operated by Dar Si Hmad, the system captures moisture from fog, directs droplets into reservoirs and uses gravity to move the water through pipes to homes in At Bamrane.

18 Aug 2026 11:34 pm
If fraud were your concern, show me documents: Olszewski vs Trump Official clash over SCORE cuts

If fraud were your concern, show me documents: Olszewski vs Trump Official clash over SCORE cuts

18 Aug 2026 11:33 pm
There have been 221 extrajudicial killings: Jackson rips Trump admin over Caribbean boat strikes

There have been 221 extrajudicial killings: Jackson rips Trump admin over Caribbean boat strikes

18 Aug 2026 11:32 pm
Quote of the Day by Jesse Jackson: Keep hope alive... suffering breeds character, character breeds... a powerful life lesson on resilience, civil rights, moral endurance, and personal conviction, and why true character is forged through trial rather than ease by the historic civil rights leader known for his nonviolent activism

Quote of the Day by Jesse Jackson: Keep hope alive. Dont you surrender! Suffering breeds character, character breeds faith... Beyond a political rallying cry, Jackson exposes a profound human truth: adversity is not an obstacle to avoid, but the essential forge of inner strength. While modern culture often views pain as a failure, this message reframes suffering as the precise catalyst that builds unshakeable belief. Hope is not passive optimism; it is a discipline tested in struggle. In uncerta

18 Aug 2026 11:30 pm
Ransom mystery deepens as odd writing habits may expose kidnapper behind Nancy Guthries disappearance

Investigators are examining two messages connected to Nancy Guthrie's suspected kidnapping case. These notes may reveal distinctive writing habits that could identify the author. Retired investigator Lisa Miller highlighted unusual punctuation and word choices in the messages. The language used might reflect the writer's personal background and idiolect. Authorities hope these linguistic clues will lead to new information about Guthrie's whereabouts.

18 Aug 2026 11:08 pm
4 Chinese zodiac signs are set to relive their perfect moment as they enter the era of ease after August 19

Chinese astrology is a traditional symbolic system, so these predictions shouldn't be treated as guarantees. Instead, they can offer a framework for reflecting on timing, decisions and personal priorities. Sometimes, everything starts falling into place when you finally decide to take the first step.

18 Aug 2026 11:04 pm
French proverb of the day: 'Better a ruined than a...' Life lessons on motivational proverb on wealth, freedom, hope, physical survival and future recovery

French proverb of the day: Better a ruined than a lost land is a proverb about survival, freedom, hope and recovery. It says that a damaged home or country can be repaired when people survive, while a completely lost land can mean the loss of identity, culture and independence. The saying encourages people to protect life, freedom and the chance to rebuild.

18 Aug 2026 11:00 pm
In 1960, Japans future emperor took 18 bluegills home from Chicago. Their descendants multiplied into millions and invaded Lake Biwa

A significant ecological problem arose from a 1960 gift of bluegills to Japan's Crown Prince Akihito. These fish propagated swiftly, infiltrating numerous lakes and rivers across Japan. Their proliferation posed threats to local species, essential for traditional culinary practices. As a result, Japan deemed them invasive, establishing removal initiatives and penalties. Years later, the emperor himself expressed regret over the unintended ecological repercussions.

18 Aug 2026 10:53 pm
3 Zodiac Signs pass a cosmic test from the universe on August 19, their horoscopes reveal what changes next

Passing this cosmic test is less about being perfect and more about demonstrating resilience. Astrology can provide a symbolic framework for reflecting on patterns, choices and emotions, rather than promising that specific events are destined to happen.

18 Aug 2026 10:51 pm
Flock camera tracking: How to check if your licence plate was captured

Community websites are emerging to track Flock camera installations across the United States. These platforms allow residents to monitor the presence and data usage of automated license plate readers. Some websites help users avoid routes with numerous cameras and check if their vehicles were captured. Flock Safety operates over 120,000 cameras nationwide, aiding law enforcement efforts. Privacy advocates express concerns about the extensive surveillance network created by these devices.

18 Aug 2026 10:50 pm
Quote of the Day by Tyra Banks: My nutritionist says, If you bite it, write it. Writing down everything that you Inspiring lessons on mindful eating, habits, nutrition, lifestyle and why you should listen to your body by the American Model known for her timeless work in fashion and deep insights on health and discipline

Quote of the Day by Tyra Banks: Tyra Banks quote, If you bite it, write it, explores the importance of awareness, accountability, and mindful eating habits. The quote suggests that writing down everything you eat can help you become more conscious of your daily food choices, recognize eating patterns, and take greater responsibility for your health and wellness.

18 Aug 2026 10:36 pm
Quote of the Day by Adam Sandler: It's about a man who doesn't appreciate all that he has and finds out at the end that life has been... a poignant life lesson on gratitude, self-reflection, and presence, exploring why true fulfillment requires recognizing life's value before time runs out, by the acclaimed actor and filmmaker

Quote of the Day by Adam Sandler: It's about a man who doesn't appreciate all that he has and finds out at the end that life has been great... explores the tragic human habit of postponing presence. Sandler addresses the contrast between chasing future goals and valuing existing relationships. By examining how cinematic storytelling mirrors real-life regret, his insight highlights why true contentment is rarely about acquiring more, but rather about cultivating the daily awareness needed to reco

18 Aug 2026 10:35 pm
Pasting aluminum foil on damp walls: What this simple trick can reveal

Homeowners can use a clever aluminum foil method to detect potential moisture issues in walls. By covering a suspected damp area with foil for 48 hours, water droplets forming on the foil indicate internal leaks, while dry foil suggests environmental humidity. This cost-effective test offers initial insight but should be followed by a professional inspection for recurring moisture problems.

18 Aug 2026 10:35 pm
Flight attendants and pilots have highest risk of dying from radiation-linked cancers, study says

New research indicates flight attendants and pilots face elevated cancer death risks. These aircrews experience higher odds of dying from radiation-linked cancers. The study analyzed over twelve million death certificates for occupational cancer links. Flight attendants showed a fifty percent higher risk, and pilots thirty-six percent. This evidence supports occupational radiation exposure as a significant factor.

18 Aug 2026 10:26 pm