Author: mercuryoregon.com

Gold eased after hitting a one month high as the dollar firmed and risk appetite improved, while lower U.S. rate expectations kept bullion near record levels.

Oil prices surged back above $100 after the United States ordered a blockade of Iranian ports, lifting Brent and WTI as markets reacted to Gulf shipping risks.

Gold fell near a one week low as a stronger U.S. dollar, higher oil prices and fading Federal Reserve rate cut hopes weighed on bullion demand.

Gold steadied near record levels and stayed on track for a third weekly gain as Fed rate-cut bets, central bank buying and safe-haven demand supported prices.

Meta launched Muse Spark, the first AI model from Meta Superintelligence Labs, as the company begins rolling the system across Meta AI products.

Orion carried NASA’s Artemis II astronauts farther from Earth than any humans before, breaking Apollo 13’s record on a historic mission around the Moon.

OpenAI, Anthropic and Google are using the Frontier Model Forum to share security threat data as U.S. AI firms push back on unauthorized model copying.

Trump revised U.S. tariffs on steel, aluminum and copper imports, lowering rates for many derivative goods while keeping a 50% duty on core metals.

Oracle has begun a new layoff round, including 491 Washington jobs, while keeping a $50 billion capital spending plan tied to cloud and AI infrastructure.

The Pentagon said Gen. Randy George retired effective immediately as Army chief, ending his tenure and starting a leadership transition at Army headquarters.