Gold and silver prices plunged as investors rushed to lock in profits after a historic rally. Losses accelerated on Monday following a brutal sell-off late last week. The reversal marked a sudden end to months of safe-haven demand. In Asian trading on Monday, spot gold dropped more than nine percent to around $4,403 per ounce. Silver slid roughly 15 percent to below $72 per ounce. Investors had pushed both metals to record highs earlier this year. Markets calm after shift in US monetary leadership Strong gains earlier in the year reflected geopolitical tension and policy uncertainty. Investors also questioned the…
Author: Grace Johnson
Carlos Alcaraz won a dramatic Australian Open final and completed a career Grand Slam at 22. He ended Novak Djokovic’s latest push for a record-setting 25th major title. Alcaraz collapsed onto the court after sealing a 2-6 6-2 6-3 7-5 victory. The Melbourne crowd recognised a moment that reshaped the sport’s landscape. Respect defines the final exchange Djokovic responded with composure despite the defeat. He climbed over the net and embraced Alcaraz as Rod Laver Arena applauded. The Serbian great accepted the scale of the occasion. He knows opportunities to strengthen his legacy now appear less often. Djokovic questions his…
Donald Trump warned that doing business with China posed serious risks for the UK as Sir Keir Starmer arrived in Shanghai. The prime minister reached the city on the third day of his official China visit. Trump reacted to agreements designed to boost trade and investment between Britain and China. Officials announced those agreements after Sir Keir met President Xi Jinping in Beijing. Trump made the remarks while attending a documentary premiere about his wife, Melania, on Thursday. He referred to Xi as a friend and said he knew the Chinese leader very well. Trump did not offer further explanation…
A major trial over alleged social media addiction begins Tuesday in California. Senior executives from leading technology companies are expected to testify. The case could reshape legal responsibility for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She says platform algorithms caused addiction and harmed her mental health. She argues the designs encouraged excessive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat settled with the plaintiff last week. The remaining companies will defend themselves in court. The case will unfold at Los Angeles…
Gold prices surged above $5,000 (£3,659) an ounce for the first time, extending a historic rise. The precious metal has gained more than 60% during 2025, capping a remarkable rally. Mounting geopolitical and financial tensions have driven the surge. Friction between the United States and Nato over Greenland has unsettled markets. Investors have grown increasingly concerned about global stability. US President Donald Trump has added to uncertainty with hardline trade policies. He recently threatened a 100% tariff on Canada. The move would follow any Canadian trade deal with China. Safe-haven demand surges across markets Investors traditionally turn to gold during…
US President Donald Trump has threatened Canada with severe trade penalties. He said the United States would impose 100% tariffs on Canadian goods. Trump delivered the warning on his social media platform. He said the tariffs would take effect immediately. The threat focused on any trade arrangement between Canada and China. Trump said Canada would face punishment if it proceeded with Beijing. He said the tariffs would apply to all Canadian products entering the United States. He framed the move as protection for American economic interests. He did not describe any conditions or exemptions. The warning increased pressure on Canada’s…
U.S. equities extended their gains for a second straight session as markets cheered relief over tariff threats tied to Greenland and strong economic signs. Investors bought shares across sectors, pushing major indexes higher and lifting broader market confidence. Tariff concerns that had dragged markets earlier in the week eased after the U.S. government backed off planned duties tied to Greenland trade disputes. President Donald Trump’s reversal of tariff threats helped reduce geopolitical worries and calm investors. The tech‑heavy Nasdaq Composite led the advance, climbing close to 0.9% as traders embraced risk‑on sentiment. At the same time, the Dow Jones Industrial…
Every month, hundreds of millions of users visit Pinterest to search for new styles and visual ideas. One popular page called “the most ridiculous things” offers strange inspiration for creatives. It shows Crocs reused as flower pots. It features cheeseburger-shaped eyeshadow. It even displays a gingerbread house made from vegetables. Many users do not realise the technology behind these suggestions is not always American. Pinterest now experiments with Chinese artificial intelligence models to sharpen its recommendation engine. The platform increasingly relies on this technology to personalise shopping and discovery. Pinterest chief executive Bill Ready said the company has turned the…
TikTok has completed a deal that ensures the app continues to operate in the United States. The company announced the agreement on Thursday, ending years of political and legal uncertainty. The deal resolves a long-standing dispute between Washington and Beijing. The conflict began during Donald Trump’s first presidency, when he attempted to ban TikTok over national security concerns. US law threatened to block the app in January 2025 unless ByteDance sold its American business. Trump delayed enforcement multiple times after returning to office. The central issue focused on TikTok’s recommendation algorithm. Under the agreement, American owners now license the system,…
Blue Origin has announced plans to build a massive satellite communications network. The rocket company is owned by Amazon founder Jeff Bezos. Blue Origin said it will launch more than 5,400 satellites into orbit. The project represents a major expansion of the company’s space operations. The network aims to provide uninterrupted internet access across the globe. TeraWave Designed for Speed and Scale The company named the system TeraWave. Blue Origin said the network will offer continuous global internet connectivity. It will also transfer massive amounts of data at very high speeds. The company said TeraWave will outperform existing commercial satellite…