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Stock markets steadied on Tuesday, while gold and silver hit fresh records as optimism for US rate cuts helped investors ease into the festive break.

In Bilyana Nikolova's grocery store in Chuprene, a village in northwestern Bulgaria, prices are now displayed in levs and euros on hundreds of food products and other items.

The US economy is expected to post another solid economic growth reading Tuesday, but the much-delayed figures likely will not settle debate on the labor market, AI and other variables.

President Donald Trump on Monday reiterated that the United States needed Greenland for "national security" after his appointment of a special envoy to the Danish Arctic island triggered a new spat with Copenhagen.

Vince Zampella, the acclaimed co-creator of the video gaming juggernaut "Call of Duty," has died in a car crash, gaming giant Electronic Arts confirmed on Monday.

The US Interior Department on Monday said it had paused all leases for offshore wind projects over unspecified national security risks, casting new doubt over the future of an industry detested by President Donald Trump.

Denmark said Monday it would summon the US ambassador after President Donald Trump appointed a special envoy to Greenland who immediately vowed to make the Danish autonomous territory "a part of the US".

The leadership of CBS News was facing accusations of political meddling on Monday over a last-minute decision to not air a report on the notorious Salvadoran prison where US President Donald Trump has sent deported migrants.

Cyclone Ditwah, which struck Sri Lanka last month, caused an estimated $4.1 billion in direct physical damage to buildings, agriculture and critical infrastructure, according to a World Bank report released Monday.

Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. Discovery, deepening a bidding war with Netflix, a statement said on Monday.

Wall Street and Asian stock markets advanced on Monday, with tech stocks leading the way.

Telefonica will cut up to 5,500 jobs in Spain under a voluntary departure plan agreed with trade unions last week, the debt-laden telecoms firm said in a statement on Monday.

Brussels hit back Monday at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified".

Stock markets diverged Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts and concerns over AI spending subsided.

A Swiss court has decided to hear a landmark climate case pitting residents of a tiny Indonesian island being swallowed by rising sea levels against cement giant Holcim, NGOs helping the islanders said Monday.

Asian markets rallied Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided.

Even as the United States is embarked on a bitter rivalry with China over the deployment of artificial intelligence, Chinese technology is quietly making inroads into the US market.

In a parallel reality, Queen Elizabeth II gushes over cheese puffs, a gun-toting Saddam Hussein struts into a wrestling ring, and Pope John Paul II attempts skateboarding.

"Avatar: Fire and Ash," the third installment in James Cameron's blockbuster sci-fi fantasy series, debuted atop the North American box office with $88 million in ticket sales in the weekend before Christmas, industry estimates showed Sunday.

Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry.

A German woman engineer on Saturday became the first wheelchair user to blast into space, taking a brief ride on a Blue Origin flight.

Hiyam Zarouri was delighted when a senior civil servant at France's prestigious culture ministry reached out to her on Linkedin offering the then jobless 25-year-old career advice.

Afghans who worked alongside US troops during almost two decades of war were once promised a home in the United States to shelter them from the extremist intolerance of the Taliban.

Resurgent artificial intelligence shares lifted the Nasdaq Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike.

Claudio Neves Valente came to the United States as an ambitious physics student at Brown University, but ended his life while hiding from police after killing two students at the Ivy League institution as well as an MIT professor.

The International Monetary Fund said Friday that its board has approved $206 million in emergency financing for Sri Lanka, to help in the country's recovery from the devastating Cyclone Ditwah.

Tourists will have to pay a two-euro entrance fee to get close to Rome's famous Trevi Fountain, which draws vast crowds daily, Mayor Roberto Gualtieri said on Friday.

Global stock markets mostly advanced on Friday as traders reacted to central bank activity and easing concerns over the technology sector.

Norway's 52-year-old Crown Princess Mette-Marit will likely need to undergo a lung transplant following a deterioration in her chronic lung condition, the palace said on Friday.

A joint committee of French lawmakers on Friday failed to reach a compromise on the state budget for next year, parliamentary sources said, meaning France would not have a 2026 budget by year end.

For a reading of Wall Street's shifting mood on the artificial intelligence investment boom, take a look at the daily fluctuations of Oracle stock, analysts say.

The Bank of Japan hiked interest rates to a 30-year high of 0.75 percent on Friday, the first increase since January, as it said the economy had shown signs of improvement.