Russia’s private industries are increasingly having to fend for themselves as Ukrainian strikes intensify.

Ukraine’s Air Force said 127 Russian drones were shot down or jammed, while hits and falling debris were recorded at 31 locations across the country.

Britain is preparing to run its largest national home-defense exercise in decades, with ministers, military personnel, officials and civilian departments rehearsing what would happen if the country came under attack from Russia. At the same time, Russia has openly warned that Britain will face consequences over its support for Ukraine and advanced British drones. “There’s consequences coming for the UK for which it will have to answer.”

Putin said Russia had been prepared to return to talks after the Sept. 18-20 State Duma election, but claimed the attacks had changed Moscow’s calculus.

Oil prices fell more than 1% on Friday as markets weighed the possibility of a truce between the U.S. and Iran against concerns that increasing attacks against Saudi Arabia by Houthi fighters could disrupt supply from the key Middle Eastern producer.

Oil prices declined on Friday as markets assessed reports that the United States and Iran were discussing a phased arrangement that could involve reopening the Strait of Hormuz. At 04:02 ET, November Brent crude futures were down 0.

Oil prices edged lower on Thursday, after climbing 4% in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the

Oil rose Thursday, as traders assess a report that Asia is on track to import its highest volume of crude oil since the start of the US-Iran war.

A return to 7% mortgage rates is threatening to deepen a longstanding freeze over the U.S. housing market, squeezing buyers already struggling to afford a home, pushing sellers from listing their homes and adding to the obstacles

Expectations of higher inflation amid surging oil prices have pushed up the long-term bond yields that influence mortgage rates.

It's the fifth week in a row of rising mortgage rates, which on Thursday hit an unfortunate milestone of 7.03%. We brought in an expert to discuss why this is happening.

The average 30-year mortgage rate has surpassed 7%, marking the first time it has done so since January 2025.

Gold prices were broadly muted as expectations that the Fed could raise interest rates further weighed on the nonyielding asset.

Gold prices edged lower on Thursday, extending pressure from the previous session as rising Treasury yields, stronger oil prices and a firm U.S. dollar fueled expectations that the Federal Reserve may continue

Gold prices fell sharply on Wednesday as a stronger U.S. dollar, surging Treasury yields and renewed expectations for another Federal Reserve interest rate hike pressured the precious metal. Spot gold dropped 1.

The U.S. dollar climbed to a nearly two-month high on Wednesday as stronger-than-expected economic data, hawkish Federal Reserve comments and a sharp rise in Treasury yields boosted expectations for another interest

President Donald Trump is weighing a diesel export ban to calm soaring fuel costs. Still, America’s most influential business lobbies say the idea would backfire badly and leave consumers paying more

Export bans would lead to less fuel production, tighter supplies, and rising costs for American families, farmers and truckers,” industry groups wrote in a letter to President Donald Trump on Wednesday.

United States President Donald Trump has called for a ban on US diesel exports as record-high domestic fuel prices drag down his popular support. With the US midterm elections looming, a proposed export ban appears to be a bid to reinvigorate Trump’s voter base. As tensions escalate in the Middle East and global fuel reserves reach a critical low, Trump’s proposal could have major ramifications for the global economy and Australia – the largest...

President Donald Trump said his administration is considering a plan to either ban or restrict diesel exports in order to drive down the price of the fuel at home for ranchers and farmers who are