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Author: columbusdigest.com
US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.
US sanctions target nine Lebanon-based individuals accused of supporting Hezbollah influence across state institutions.
Oil prices rebounded as Brent crude rose to 104.96 dollars before settling higher, while WTI also gained after benchmark losses.
Gold fell as higher oil prices raised inflation concerns, keeping Treasury yields and rate expectations in focus across metals markets.
SpaceX’s 10,000-launch target brings FAA reliability reviews, licensing capacity and airspace oversight into sharper focus in US policy.
Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.
Gold prices edged lower as a stronger dollar and elevated Treasury yields kept pressure on bullion and broader precious metals trading.
Southern California crews battled the Sandy Fire after wind-driven flames threatened homes and prompted evacuations.
Carbon pricing raised more than $107 billion for public budgets in 2025 as global policy coverage widened, the World Bank said.
Meta begins global layoffs affecting about 10 percent of staff as AI spending, data center costs and team restructuring reshape operations.
