Most commodity prices were in the green on Friday with crude oil rising more than 1% due to geopolitical tensions in the Middle East and Ukraine. Gold prices continued to consolidate near all-time highs as the market waits for next week’s US Federal Reserve policy meeting. Elsewhere, copper prices on the London…

Charlie Kirk’s murder suspect has been caught, an announcement that President Donald Trump made emphatically during a Fox News segment on Friday. After the 31-year-old conservative activist and Turning Point USA co-founder was fatally shot at Utah Valley University during a “Prove Me Wrong” debate event, authorities launched an intense…

The United States is pressing Group of Seven allies to adopt tariffs of up to 100 percent on China and India in response to their purchases of Russian oil, as per a Bloomberg report. Washington aims to increase economic pressure on Moscow in an effort to convince President Vladimir Putin…

In a historic move that has caught the eye of political watchers across South Asia, Nepal is all set to appoint its first woman Chief Justice, Sushila Karki, as the interim Prime Minister.This appointment comes at a critical time, as the country grapples with widespread protests and political unrest that…

Consumer confidence in the United States weakened in September, as households reported increasing concerns about business conditions, personal finances, and long-run inflation pressures.The metric fell for a second straight month in September. The University of Michigan’s preliminary Consumer Sentiment Index fell to 55.4 this month from 58.2 in August, below…

Brazil’s central bank will most likely keep the benchmark Selic interest rate at 15% on September 17, the second decision after the July hiatus in the tightening cycle.The Monetary Policy Committee, or Copom, tightened rates by 450 bp since Sept/2024, before a pause two months ago. In the most recent…

The Bank of Canada is expected to lower its overnight rate by 25 basis points at its upcoming policy meeting, as weakening labour market conditions and slowing economic activity add pressure for monetary easing, as per a Reuters poll. A majority of analysts also anticipate at least one more cut…

A stagnant UK economy, renewed urgency in India’s trade negotiations with the European Union, a delay in EU climate policy talks, and a sharp decline in Ocado shares defined the day’s key economic and business developments.UK growth stalls in JulyThe UK economy showed no growth in July, according to the…

Friday’s news wrap covers major developments shaping global politics, technology, and security. A suspect has been arrested in the murder of conservative activist Charlie Kirk, sparking outrage.Meanwhile, the FTC is probing Amazon and Google’s ad practices, Nvidia and OpenAI are backing UK AI hubs, and the US urges G7 allies…