While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Energy stocks, one of the worst-performing sector this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The Vision EQS sits alongside an already growing array of production models from Mercedes that underscore its determination to dethrone Tesla as king of the emerging...Autosread more
It's a major comeback for Netflix after the company lost the streaming rights to shows like "Friends" and "The Office."Technologyread more
Democrats running to challenge Trump next year raced to show solidarity with the auto workers striking as they negotiate with General Motors.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
A year after Nike's "Dream Crazy" campaign featuring former San Francisco 49ers quarterback Colin Kaepernick brought about heavy controversy, the company won the "outstanding...Mediaread more
New research by the Digital Citizens Alliance shows how easy it is to buy illegal steroids and other appearance- and performance-enhancing drugs.Cybersecurityread more
Gold futures prices hit highest level since September 9th after the August Fed meeting on Wednesday.
The U.S. Federal Reserve kept rates unchanged.
Gold miners also hit highest level with 6.4% since June 3rd.
Earlier today, gold had already edged higher after the Bank of Japan adopted a target for long-term interest rates.
Gold climbed along with stock markets after the Bank of Japan overhauled its monetary policy framework, switching to targeting interest rates and sidelining more than three years of massive money printing.
"Against the backdrop of prevailing bullish sentiment in the gold futures market and fading safe-haven demand, prices should come under pressure again and move below $1,300 per ounce," analyst Carsten Menke at Julius Baer in Switzerland said.
"This is not least due to the fact that Asian gold demand remains very weak."
Holdings of the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, slid 0.41 percent to 938.75 tonnes on Tuesday.
The dollar index, which measures the currency against six major currencies, pared gains and a touch weaker at 95.52 after falling 0.50 percent.