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Browsing: Business
Gold traded above its 50-day average and near a seven-week high after lower Treasury yields and dollar weakness lifted global bullion prices. The post Gold climbs above key average as bond yields retreat appeared first on Columbus Inquirer.
Big Tech gains lifted the Nasdaq and Dow to strong closes, while Brent crude fell 4.7% and Amazon’s market value topped the $3 trillion mark.
Coordinated currency intervention by Japan and the United States lifted the yen, while the Bank of Japan kept its policy rate steady near 1%.
Starbucks stock pops as efforts to revive third place pay off 2026 outlook improves, prompting management to raise full-year profit targets.
Advocates urge lawmakers must close the crypto conflict of interest loopholes or scrap the CLARITY Act to protect market trust.
The US hits 60 countries with new import duties as Donald Trump rebuilds a tariff wall, citing broader forced-labor policy issues.
Global oil benchmarks posted double-digit weekly gains as Brent topped $88 and commercial shipping through Hormuz fell sharply again.
U.S. inflation slowed sharply in June as falling gasoline and fuel prices pulled the Consumer Price Index down 0.4% for the month.
Wall Street closed lower as surging oil prices and steep semiconductor losses pulled the Nasdaq, S&P 500 and Dow into negative territory.
Oil prices surged nearly 10% as Brent settled at $83.30, while Strait of Hormuz disruption kept global energy markets focused on supply flows.
