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Trump-Xi Talks Focus On Strait Of Hormuz Crisis

Trump-Xi Talks Focus On Strait Of Hormuz Crisis

According to the White House, Trump and Xi agreed the strategic waterway must remain open. The report said Xi also opposed any “militarization” of the strait or attempts to impose tolls on shipping traffic.

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Gold’s Grim Message

Gold’s Grim Message

Central banks’ purchases and repatriation of gold are on the rise, and both should be viewed as a symptom of deglobalization. They signal the advent of a more geopolitically fragmented world in which cross-border transactions of all kinds are poised to become more difficult and costly.

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Tensions Between CIA And Congress Flare

Tensions Between CIA And Congress Flare

On Wednesday, the Senate Committee on Homeland Security and Governmental Affairs, chaired by Sen. Rand Paul, R-Ky., heard the testimony of subpoenaed CIA whistleblower James Erdman III, who alleged the federal government suppressed inquiries into the origin of COVID-19.

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What Is Driving Higher Food Prices Beyond Gas Costs

What Is Driving Higher Food Prices Beyond Gas Costs

According to Labor Department data, prices for food consumed at home rose 2.9% from a year earlier, the highest annual increase since August 2023. Restaurant and prepared meal prices also climbed, pushing overall food inflation to 3.2%.

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