WASHINGTON, June 1 U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to cast a shadow over the housing market. The Commerce Department's Census Bureau said
Russia is banning exports of jet fuel through November 30, 2026, as it looks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure. Russia on Monday announced it is temporarily banning jet fuel exports until the end of N
Interest costs on US debt reach $1.22 trillion annually, surpassing other forms of government spending waste, according to a new report. US interest payments on national debt have climbed to $1.22 trillion per year, outpacing other categories of government waste. The figur
Iran halts diplomatic exchanges with the US, citing Israeli aggression in Lebanon as a ceasefire violation and threatening Hormuz Strait action. Iran has suspended indirect negotiations with the US, protesting Israeli military operations in Lebanon. The move follows Israel
Tehran signals cooperation with Tokyo amid negotiations, but insurance risks and shadow fleets limit shipping recovery. Iran has agreed to ease transit for Japanese vessels through the Strait of Hormuz, a critical oil chokepoint, following talks between President Pezeshkia
Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF, FRA:3F0) said that it is preparing for a recovery in sales during the next quarter and fiscal 2027, as the company works to restore shipments to its Middle East distribution partners and expand its e-commerce business following...</stron
Gold (GC=F) June futures opened at $4,575.20 per troy ounce on Monday, down 0.4% from the previous closing price on Friday of $4,593. Gold moved lower in early trading, falling to $4,537.90 by 7:56 a.m ET. The price of gold opened at its highest level in a week, but
Iranian Foreign Minister Seyed Abbas Araghchi warns of serious consequences, in a post on X, formerly known as Twitter, that the United States (US) and Israel would face serious consequences if there were any military action across all fronts, including Lebanon. “A ceasefire...</
The bank is reducing headcount following its 2023 acquisition, which added 45,000 employees and increased total staff to nearly 120,000. UBS has cut several hundred jobs across Europe, the Middle East, and Africa as part of ongoing integration efforts tied to its 2023 take
Silver (SI=F) July futures opened at $74.10 per ounce on Monday, 2.3% lower than the previous closing price on Friday. However, the price of silver moved upward in early trading to $76.12 by 7:33 a.m ET. After prices mostly edged lower last week, silver prices have
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