Author: Press Room

Gold prices rebounded by more than 1% on Tuesday as a weaker dollar and easing oil prices supported market sentiments. Lowering the likelihood of a war-driven spike in inflation could lessen the chance of central banks increasing interest rates, which is beneficial for non-yielding gold.Oil prices sharply declined, following reports that G-7 finance ministers were contemplating a substantial release of oil from strategic reserves, coupled with US President Donald Trump’s remarks suggesting a swift end to the conflict.Additionally, a 0.3% drop in the dollar’s value resulted in greenback-priced bullion becoming more affordable for those holding other currencies.Gold ​prices rose “due to…

With U.S. oil topping $100 a barrel Monday, many investors are starting to worry about the impact surging energy prices will have on equities, potentially leading to a correction (down 10%) or bear market (down 20%), depending on how long the U.S.-Iran war lasts. In a note out Monday, CFRA Research outlined what investors should expect if oil pushes stocks down further. The S & P 500 has experienced 18 bear markets since the Great Depression. Three have been due to oil shocks, according to CFRA chief investment strategist Sam Stovall. On average, the S & P’s oil shock-induced decline lasted…

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Central European time. The New York Times A strong, 6.0-magnitude earthquake struck in the Tyrrhenian Sea on Tuesday, according to the United States Geological Survey.The temblor happened at 12:03 a.m. Central European time about 10 miles southeast of Sant’Angelo, Italy, data from the agency shows.As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S.…

NEWYou can now listen to Fox News articles! The Department of Homeland Security on Monday blasted a federal judge’s order requiring it to immediately improve conditions at its ICE processing facility in Baltimore — including reducing the number of detainees held there at one time, and improving access to food, hygiene, and medical care — telling Fox News Digital that the court’s determination of any “subprime” conditions or overcrowding are “false.””Illegal aliens in custody are provided food, water, blankets, and hygiene products,” a spokesperson for DHS said Monday, alleging that ICE “has higher detention standards than most U.S. prisons that…

NEWYou can now listen to Fox News articles! → A tourist’s death at Hawaii Volcanoes National Park renewed concerns that visitors are ignoring safety barriers and entering dangerous, off-limits areas. → Disneyland may eliminate its 11 a.m. park-hopping restriction, allowing eligible guests to switch between parks at any time of day.→ A popular vacation destination doubled its visitor tax to as much as $17 per person, per night, as officials address overtourism concerns. Officials from Hawaii Volcanoes National Park (pictured here) said a 33-year-old man died after entering a closed area. (USGS -M. Zoeller/Anadolu via Getty Images)Conversation starters→ A major airline…

NEWYou can now listen to Fox News articles! Emilia Van Der Beek, 9, reflected on navigating grief after the death of her father.James Van Der Beek died Feb. 11 after a courageous battle with stage 3 colorectal cancer. He was 48.To honor what would have been his 49th birthday, Kimberly Van Der Beek shared a video their daughter recorded to post on social media. “As you all know probably now, my dad has passed away, but I’m just going to tell you little tips, or anything that helps you getting through anybody you love who’s passing,” the little one began.JAMES VAN…

NEWYou can now listen to Fox News articles! The fate of 21 members of Iran’s women’s national soccer team remained uncertain Tuesday after five teammates were granted asylum in Australia, leaving the rest of the squad to decide whether to return to a country still reeling from war.The Iranian team arrived in Australia for the tournament before the U.S.-Israeli attacks against Iran began on Feb. 28.An official roster lists 26 players, along with coaches and staff. While Australian authorities confirmed that five players were transported by federal police to a secure location overnight to finalize humanitarian visas, the remaining members…

Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty ImagesNvidia is planning to launch an open-source platform for artificial intelligence agents called ‘NemoClaw,’ tapping into the growing popularity of the AI tools, Wired reported Tuesday.Citing anonymous sources familiar with the matter, the report said Nvidia has started pitching the product to enterprise software companies, seeking partnerships with Salesforce, Cisco, Google, Adobe, and CrowdStrike.Nvidia and its potential partners did not immediately respond to a request for comment.It remains unclear whether any official partnerships…

A Vernon, B.C. mother is calling for answers after her 22-year-old son died following a mental health crisis, raising concerns about capacity pressures inside the psychiatric ward at Vernon Jubilee Hospital. Ezra Cool checked himself into the hospital on Feb. 6 seeking help and was involuntarily admitted under the province’s Mental Health Act. But with the psychiatric unit already operating at full capacity, the 22-year-old spent six days waiting in a hallway in the emergency department for a bed.His mother, Christal Cool, says the situation left her worried about his safety.“I don’t want any of this to happen to anyone…

Australian consumer confidence cratered as households brace for a “double whammy” of higher fuel costs and potentially interest rate hikes.Two separate surveys from Westpac and ANZ showed consumer confidence fell over the last week, partly due to soaring oil prices.Fuel prices have already risen 40 cents over the last week, which AMP forecasts adds around $14 a week or $730 a week hit to the household budget.Camera IconAustralian consumers could start spending less as confidence falls. NewsWire/Tertius Pickard Credit: News Corp AustraliaAMP chief economist Shane Oliver told NewsWire rising fuel prices is adding to inflation which could lead to higher…