Gold Can Make Up For Lost Time, Though Risks Remain

The rupee gained 14 paise to 96.28 against the US dollar in early trade on Friday buoyed by positive sentiments at the domestic equity markets. However, heavy FII outflows and higher global crude oil prices amid heightened tensions in West Asia prevented further gains in the local unit, forex traders said. At…

Shares of Meta Platforms (META +2.59%) were heading lower last month as a slew of concerns mounted for the social media giant. Among those were layoffs, overspending on AI and capital expenditures, and a lack of direction in artificial intelligence, as the company has struggled to develop a meaningful revenue stream beyond advertising. The stock…

By Nojoud Al Mallees (Bloomberg) — Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years. The consumer price index rose by 2.8% in June, Statistics Canada reported on Monday. That’s down from…

The salary required to rent an average home in London has fallen by 17% year-on-year, marking a significant shift in the capital’s rental market, according to data from Propertymark’s latest Rental Price and Average Salary Tracker. The trade body’s analysis shows the representative annual salary needed to secure an average-priced rental property in London dropped…

Canada’s abrupt population slowdown is reshaping the housing market, easing pressure on rents while weighing on investor-owned condominiums and future residential construction, according to BMO Economics. After reaching century highs in 2023 and 2024, Canada’s population declined in 2025, marking the first annual drop on record dating back to Confederation, BMO said. The reversal has…

North Korea condemns US, allies after NATO summit, vows to safeguard sovereignty