North Korea Fires Back After US, South Korea Scale Down Drills

U.S. military vehicles are parked at Camp Humphreys in Pyeongtaek, South Korea, Friday, Aug. 21, 2026. (Hong Ki-won/Yonhap

SEOUL, South Korea — The United States and South Korea wrapped up their annual military exercises six days earlier than initially scheduled on Friday. The early conclusion served as a conciliatory gesture toward North Korea, though Pyongyang maintained that the step was insufficient to draw it back to diplomatic negotiations. U.S. and South Korea Conclude … Read more

Oil and Gold Prices Rise as Geopolitical Tensions Mount Before U.S. CPI Data

Oil and Gold Prices Rise as Geopolitical Tensions Mount Before U.S. CPI Data

Oil and gold prices climbed on Wednesday, August 12, as geopolitical tensions rose following shipping attacks by Houthis and the U.S., and a North Korean missile launch. Markets are simultaneously awaiting U.S. consumer price index (CPI) data to gauge the timing of potential Federal Reserve rate hikes. Investors are balancing immediate security risks in the … Read more