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California Governor Gavin Newsom has signed an executive order to study how to protect workers from AI-driven job displacement. The initiative will explore increased job training, new worker protections, and alternative economic models, including universal basic capital, to address potential labor disruptions across industries.

Gold price prediction today: For both gold and silver prices, the near-term outlook remains weak, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Asian markets rallied Friday, buoyed by hopes of US-Iran peace talks, though volatile oil prices and Strait of Hormuz concerns fueled inflation worries. Tokyo led gains as investor sentiment improved. Despite diplomatic optimism, rising crude prices prompted reassessment of global interest rate expectations, with the US Federal Reserve potentially hiking rates later this year.

Donald Trump lauded AI's economic benefits, citing record job numbers and stock market gains. However, a New York Post report revealed over 52,000 tech layoffs in early 2026, with AI increasingly cited as the cause.

Jefferies raised Bharti Airtel's target price to Rs 2,350 on strong Q4FY26 performance, while JP Morgan upgraded Cipla to overweight citing improved earnings visibility and attractive valuations. Morgan Stanley maintained an underweight rating on Dixon Technologies due to revenue and EBITDA misses, and HDFC Securities upgraded Hyundai Motor India to add, noting management's renewed focus on domestic growth and exports.

Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

US President Donald Trump made a surprise audio call during the US Embassy's 250th Independence Day celebrations in Delhi, expressing his admiration for PM Modi and calling him "great" and "my friend." Trump emphasized the close US-India relationship, stating India can count on the US "100%" and that the two nations have "never been closer".

The Sensex tumbled over 1,000 points to slip below the 74,300 mark, while the Nifty 50 dropped more than 300 points to trade under 23,350. The steep decline erased nearly Rs 7 lakh crore from the total market capitalisation of BSE-listed companies, reducing it to around Rs 454 lakh crore.

Despite the bullish undertone in equities, several risk factors continue to keep investors on edge. The rupee touched a fresh record low after breaching the 95.8 mark against the US dollar for the first time.

SpaceX made $19bn, lost $5bn, and is asking investors to find $2trn of value somewhere between Starlink, AI, Mars and vibes

Indians are adapting their gold purchases, opting for lighter, more affordable jewellery and exploring alternatives like silver and diamonds. While tradition remains strong, consumers are making conscious choices, balancing emotional value with investment prudence. Experts suggest a diversified portfolio, with gold as a long-term hedge, as the industry navigates changing consumer behavior and economic shifts.

Before choosing the right mutual fund or stock, experts say the first step is tracking where your money actually goes — and AI finance apps are helping Indians turn spending habits into smarter investing decisions

Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

One of the key triggers behind the market decline was renewed uncertainty surrounding the US-Iran conflict. US President Donald Trump said the ceasefire with Iran was “on life support” after Tehran rejected Washington’s latest proposal aimed at ending the conflict. Trump described Iran’s demands as “garbage.”

Donald Trump praised Chinese President Xi Jinping, calling him a respected leader governing nearly 1.5 billion people and suggesting Hollywood couldn't find someone like him. Trump agreed with Xi's assessment of the US as a declining nation, attributing it to the Biden administration's policies, while highlighting his own administration's economic successes.

OpenAI has launched a new personal finance feature inside ChatGPT that lets you connect your bank accounts, credit cards and investment accounts through Plaid. Once linked, ChatGPT shows a dashboard of your spending, subscriptions and investments, and answers money questions grounded in your real data. It's only for ChatGPT Pro users in the US for now, with Plus and wider access coming later.

The war in Ukraine showcases a rapid shift in modern warfare, with drones and robotic ground vehicles increasingly replacing soldiers in high-risk missions. China's advancements in humanoid combat robots and AI-powered systems signal a potential global arms race, while Ukraine's battlefield innovations highlight the growing role of automation and autonomous weapons.

Meta employees face a bleak outlook with impending layoffs of nearly 8,000 staff. Mandatory tracking software, reduced pay, forced transfers, and a sense of broken trust have created widespread discontent. While AI researchers are reportedly thriving, most workers are left in anxious anticipation, hoping for severance packages.

Sixty years of leftism & quasi-leftism killed the city & state’s economic vitality. But a revival isn’t hard. Policy needs to build on moribund industrial bases & stock exchange. Plus, prioritise learning English

Experts have hailed the MOUs, calling them game-changing for India’s energy security in the long-term. The importance of having strategic petroleum reserves has been brought to light with stark clarity due to the US-Iran war.

Google's I/O 2026 event showcased significant AI advancements. New models like Gemini Omni and Gemini 3.5 Flash were introduced. Google also revealed AI agents such as Gemini Spark and Universal Cart for shopping. Search received its biggest upgrade in 25 years with deeper AI integration. Wearable devices and smart glasses also featured prominently in the announcements.

Somalia is grappling with an unprecedented drought, declared its most severe in history, forcing countless families into a fight for survival. With aid resources dwindling and prices spiraling upwards, communities like that of Abdi Ahmed Farah are witnessing their livestock perish and their futures darken.

Oil prices surged Friday as US-Iran tensions flared, reversing earlier declines. US strikes on Iranian targets prompted accusations of ceasefire violations, escalating fears over the vital Strait of Hormuz. This geopolitical volatility overshadows concerns about suspicious trading activity linked to policy announcements, impacting global energy supplies and inflation.

C Joseph Vijay was sworn in as Tamil Nadu's 9th Chief Minister, marking a historic shift from the DMK and AIADMK dominance. He pledged "real secularism and social justice," immediately signing orders for free electricity and establishing task forces for women's safety and anti-narcotics.