Gold prices undergoing short-term correction, prices in $3,050–$3,250 per ounce range in Q2: Report

A massive car carrier ship sank in the Pacific Ocean after a fire broke out on board, forcing the crew to evacuate. The 600-foot vessel had been drifting since June 3, loaded with electric vehicles (EVs) and other cargo, before finally going under.

Editor’s Note: This isn't just another shipwreck—it raises serious questions about fire risks on cargo ships, especially with lithium-ion batteries from EVs, which can be harder to extinguish. It also means a financial hit for automakers and potential environmental concerns if fuel or hazardous materials leaked. For an industry already under pressure to improve safety, this incident could spark tougher regulations.

Viral TikTok videos are claiming there's a sneaky shortcut to wipe out student loan debt—but experts say it's a dangerous scam that could wreck your finances. The truth is, there’s no magic trick to escape these loans, especially now that the government has started cracking down on defaults again after years of pandemic pauses.

Editor’s Note: With student loan payments back in full swing, desperate borrowers might be tempted by shady "hacks" floating around online. This story matters because falling for these schemes could leave people in even deeper trouble—like wrecked credit or legal headaches—when they’re already struggling with debt. It’s a reminder that if something sounds too good to be true, it probably is.

A group of American students stranded in Israel amid the ongoing conflict were safely evacuated thanks to an Israeli cruise line. The company stepped in to transport them out of the warzone, turning what could have been a dire situation into a relief-filled rescue.

Editor’s Note: While the war in Israel dominates headlines, smaller acts of humanity—like this unexpected rescue—remind us that even in chaos, people find ways to help each other. For families of those students, this was likely a lifeline. It’s also a rare bright spot in a grim news cycle.

Jeff Bezos isn’t just rich—he’s obscenely rich. Between his Amazon stock, sprawling real estate portfolio (including multiple mansions and a $78 million NYC penthouse), and a fleet of private jets, the billionaire’s spending habits are as eye-popping as his net worth. And with a $15 million wedding on the horizon, he’s clearly not holding back.

Editor’s Note: Love it or hate it, Bezos’ spending is a lightning rod for conversations about extreme wealth inequality. While some see it as a symbol of success, others question the ethics of such extravagance—especially when Amazon workers have fought for better wages. Either way, it’s a stark reminder of how vast the wealth gap has become.

Markets had a mixed but mostly upbeat day, with oil prices dropping while the Dow Jones climbed. The rally came after former President Trump helped broker a temporary truce between Israel and Iran—though tensions linger as both sides accuse each other of violating the ceasefire. Investors seem cautiously optimistic, shrugging off geopolitical friction for now.

Editor’s Note: Even shaky peace deals can give markets a boost, but the real test is whether the truce holds. If it doesn’t, oil prices—and inflation—could spike again. For now, traders are betting on calm, but keep an eye on the Middle East; things could flip fast.