Gold prices climbed to record highs on Tuesday, driven by worsening geopolitical conditions and expectations of further interest rate cuts by the US Federal Reserve, lifting both global and domestic bullion markets to historic levels. Prices of gold and silver surged globally and locally amid heightened tensions involving the United States, Venezuela and Iran, alongside…
A goldsmith weighs gold jewellery inside a showroom. PHOTO: REUTERS Gold and silver prices climbed to record levels in both international and local markets on Monday, driven by a strong rally in the global bullion market. In the international bullion market, the price of gold rose by $77 per ounce to reach a new all-time…
In Pakistan, tight monetary policy coincides with increasing inflation due to supply shocks, which undermine rate sign Market analysts caution that IMF-related measures in the upcoming FY2026 budget—particularly new taxes and adjustments in energy prices—may lead to a renewed spike in inflation. PHOTO: FILE MICHIGAN/KARACHI: In August 2009, the State Bank of Pakistan (SBP) officially…
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing is set to report this week that it delivered the most airplanes since 2018 last year after it stabilized its production, the clearest sign of a turnaround…
A 1963 Chevrolet K20 pickup truck and a new Chevrolet Silverado EV sit outside General Motors’ new world headquarters on Jan. 6, 2026 in Detroit. Michael Wayland | CNBC DETROIT – Outside General Motors‘ new world headquarters, between the 12-story building and the city’s first new skyscraper in more than 30 years, sit two red…
I’ve spent the last 25 years in front of the camera here at CNBC, and people have gotten to know a lot about me. What they don’t know, though, is probably the most important part: My family. And our family is a happy one. But we are also unique, and we have our struggles. Our 9-year-old…