Browsing: Business

– Wall Street faces a packed week of corporate earnings and policy events, led by results from three members of the Magnificent Seven. Alphabet, Microsoft and Amazon will report quarterly figures as investors seek proof that their huge AI spending

– On Wednesday, October 21, Reuters reported that Brent crude futures increased by $1.21 to reach $110 a barrel, driven by ongoing tensions in the Middle East that kept oil markets tense. Meanwhile, US West Texas Intermediate crude rose more

– On Tuesday, October 13, the U.S. Dollar Index declined by 0.25% to reach 102.27, withdrawing from its highest point in 18 months. The index, which measures the dollar’s performance against six major currencies, had reached 102.61 on Monday, marking

– The U.S. stock bull market marked its fifth anniversary Monday after surpassing four years of gains. According to Truist analysis, the S&P 500 has risen roughly 119% from its bear-market closing low on Oct. 12, 2022. That session saw

Equity markets worldwide saw a significant upward move as traders shifted back into risk assets toward the end of the trading week. Data showed that US and European stocks closed higher as bond yields declined, reversing an earlier downward trend

– Gold prices increased on Monday as traders digested softer U.S. employment figures alongside a stronger dollar. By 0901 GMT, spot gold had climbed 0.6% to $4,165.49 per ounce. U.S. gold futures for December delivery rose 0.8% to $4,194.60. The

– The U.S. Treasury Department has scheduled three consecutive sales next week, totaling $119 billion in notes and bonds. The series begins on Tuesday, Oct. 6, with a $58 billion offering of three-year notes. On Wednesday, Treasury will conduct a

– The second quarter of 2026 saw the US economy grow at an annualized rate of 2.2%, a notable upward revision from previous forecasts. The U.S. Bureau of Economic Analysis announced the updated figure for April through June. Initially, the

– U.S. consumer confidence decreased to its lowest point since April 2014 in September, continuing a three-month downward trend in household sentiment. The Conference Board reported that its Consumer Confidence Index fell by 6.7 points to 81.9. The previous month’s

Emergency financial resources have been mobilized by the global development community to support populations impacted by seismic activity. Officials confirmed that the World Bank Group has approved funding to expedite regional reconstruction initiatives. Under this new fiscal support, the World