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The missiles that could lead to a World War III - here's what experts are saying

Missiles have long symbolized military strength, but today’s new generation represents a far more dangerous leap in technology. These modern weapons are not only faster but also designed with advanced guidance systems that make them significantly more accurate and nearly impossible to intercept. Their improved stealth and maneuverability mean they can evade radar detection and defense systems more effectively than ever before.

Adding to the danger, many of these missiles are capable of carrying either nuclear or conventional warheads. This dual capability creates deep uncertainty in any potential conflict, as it’s impossible to know whether an incoming missile signals a limited strike or the beginning of a nuclear exchange. That ambiguity increases the risk of overreaction, potentially escalating regional conflicts into global crises. Read More.

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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

Inflation rose faster than expected in August while jobless claims surged, giving the Federal Reserve mixed signals ahead of its policy meeting. The Consumer Price Index increased 0.4% for the month, with annual inflation reaching 2.9%, its highest level since January. Core inflation, excluding food and energy, rose 0.3% monthly and 3.1% yearly, matching forecasts. The rise was mainly driven by higher shelter, food, and energy costs.

Meanwhile, unemployment claims jumped to 263,000, the highest in nearly four years, suggesting the labor market is weakening. Despite slightly higher inflation, analysts expect the Fed to cut interest rates next week, likely by a quarter or possibly half a percentage point, with more cuts expected in October and December.

Overall, the data shows a cooling economy where inflation remains moderate but employment is softening, pushing the Fed toward a more accommodative stance to support growth. Read More.