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Scientists on Tuesday confirmed that last month was the hottest March on record, extending an extraordinary run of global heat that has renewed calls for an urgent reduction in planet-warming greenhouse gas emissions.
Europe's top human rights court on Tuesday ruled in favor of more than 2,000 elderly Swiss women who argued that their government's efforts to tackle the climate crisis were insufficient to protect them from more frequent and intense heat waves.
Gold prices on Monday extended their record-breaking run, notching another all-time high amid robust U.S. economic data and elevated geopolitical tensions.
Goldman Sachs Chief Economist Jan Hatzius on Friday said that he still expects the Federal Reserve to implement three interest rate cuts this year, adding that he would be "very surprised" if the U.S. central bank ultimately decided no trims at all were necessary.
Citi says a record-breaking rally for cocoa and coffee prices could yet have further room to run, citing adverse weather conditions and demand expectations.
Hungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June, with his ruling party shaken by two political scandals within six weeks.
A quiet revolution is underway to address a widely underestimated climate challenge: extreme heat.
Oil prices on Tuesday rose to their highest level since October as investors closely monitored fresh supply threats amid an escalating conflict in the Middle East and a Ukrainian drone strike on a major Russian oil refinery.