Silver slumps over 6.5% as US inflation fears hit precious metals

Precious metal falls to around $78 an ounce as hotter-than-expected US inflation data fuels expectations of prolonged high interest rates

Silver slumps over 6.5% as US inflation fears hit precious metals

Precious metal falls to around $78 an ounce as hotter-than-expected US inflation data fuels expectations of prolonged high interest rates

India raises fuel prices for first time in more than 4 years amid Mideast energy shock

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US retail sales rise 0.5% in April, led by gasoline stations, online retailers

Sales up 4.9% from same month last year, while March gain revised down to 1.6%14 May 2026

US initial jobless claims rise 12,000 last week, above expectations

211,000 claims filed, 4-week moving average at 203,75014 May 2026

US can hold AI talks with China because it is ‘in the lead,’ Treasury chief says

Scott Bessent says US, China will establish protocol on AI safety as Trump, Xi meet in Beijing, according to CNBC14 May 2026

Led by services, UK economy grows 0.6% in 1st quarter

Services output rises 0.8% in January-March, while production and construction also expand, official data shows14 May 2026

European Central Bank may raise rates if oil shock weakens inflation expectations: Official

Latvian central bank governor says higher oil prices gradually push inflation up, while markets price in 25 basis-point hike at June meeting14 May 2026

India-bound LPG carriers add to rise in Hormuz transits despite restrictions

2 vessels cross Strait of Hormuz, bringing number of large oil, fuel, gas ships exiting since Sunday to 914 May 2026

US stocks end mostly higher as tech rally pushes Nasdaq, S&P 500 to record highs

S&P 500 rises 0.58%, Nasdaq up 1.2%, while Dow Jones falls 0.12% amid inflation concerns13 May 2026

European stocks close higher on hopes of progress for US-Iran peace

Expectations that Trump’s China visit could produce positive momentum for peace between Washington, Tehran support risk appetite13 May 2026

Alibaba core profit plunges 84% on AI, e-commerce investments

Chinese tech giant says cloud revenue jumps 38% in March quarter amid strong AI demand13 May 2026

SoftBank Vision Fund posts $46B gain from OpenAI investment

Other portfolio firms record losses in fiscal year that ended in March13 May 2026

Silver slumps over 6.5% as US inflation fears hit precious metals

Precious metal falls to around $78 an ounce as hotter-than-expected US inflation data fuels expectations of prolonged high interest rates

Silver slumps over 6.5% as US inflation fears hit precious metals

Precious metal falls to around $78 an ounce as hotter-than-expected US inflation data fuels expectations of prolonged high interest rates

Economy

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Economy

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Starbucks to lay off hundreds off employees in US

Türkiye's BIST 100 index ends week down

US industrial production rises 0.7% in April as manufacturing rebounds

$13B Louisiana LNG project clears investment hurdle, boosting US export capacity

Frankfurt Airport traffic drops 11% in April after Lufthansa strikes

Turkish central government budget posts $7.4B deficit in April