UK borrowing costs hit their highest level since 1998 as global oil prices surge. The rise in yields reflects ongoing market pressure on government debt.

KoBold Metals breaks ground on Zambia’s largest copper mine. The Gates- and Altman-backed firm starts construction amid soaring demand for critical minerals.

KoBold Metals, backed by billionaires Bill Gates and Sam Altman, has broken ground on what will be Zambia's largest copper mine, as the global race for critical minerals intensifies.

Fed leaves rates unchanged, reveals deepening division over outlook amid Mideast uncertainty.

Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East.

The Federal Reserve now characterizes inflation as 'elevated,' shifting from its previous 'somewhat elevated' assessment while citing global energy prices as a primary driver.

The Federal Reserve has updated its characterization of inflation to 'elevated' from 'somewhat elevated,' attributing the change to global energy prices.

Four Federal Reserve officials dissented during the central bank's latest rate pause, the highest number of dissents recorded in a single meeting since 1992. Three bank presidents sought to remove the easing bias, while one governor pushed for a rate cut.

Four Federal Reserve officials dissented during the central bank's recent rate pause, marking the highest number of dissents in a single meeting since 1992. Three bank presidents advocated for removing the easing bias, while one governor dissented in favor of a rate cut.