Browsing: Business

– US markets are heading into one of the busiest weeks of the earnings season, with three of the biggest names in the Magnificent 7 set to report quarterly results. Alphabet, Microsoft and Amazon will release figures as investors look

– Oil prices rose on Wednesday, October 21, with Brent crude futures climbing $1.21 to $110 per barrel, according to Reuters. US West Texas Intermediate crude also gained more than $1 to reach $99 per barrel. The move came during

– On Tuesday, October 13, the US dollar experienced a pullback from an 18-month high, pressured by declining oil costs and a reevaluation of the rally driven by artificial intelligence. The U.S. Dollar Index, which assesses the greenback’s value against

– The U.S. stock bull market entered its fifth year Monday following four consecutive years of gains. According to Truist analysis, the S&P 500 has increased roughly 119% since its bear-market low closed at 3,577.03 on October 12, 2022, which

Equity markets worldwide experienced a strong late-week rebound, bouncing back from recent declines as the upward momentum in borrowing costs slowed down temporarily. Indicators show that US and European stocks close higher as bond yields ease, leading institutional investors to

– Gold prices rose on Monday as investors considered weak U.S. employment figures against a stronger dollar. Spot gold increased 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery climbed 0.8% to $4,194.60. This move

The foreign exchange market recorded strong upward momentum as the US dollar hits 17-month high benchmarks, climbing to a 102.08 index rating and securing its third consecutive weekly gain. According to international market reports published by the Emirates News Agency, the

– The U.S. Treasury Department is scheduled to hold three debt auctions next week, offering a total of $119 billion in notes and bonds. The series begins on Oct. 6 with a $58 billion auction of three-year notes. On Oct.

– The U.S. economy grew at a 2.2% annual rate in the second quarter of 2026. The U.S. Bureau of Economic Analysis raised its estimate from the previously reported 1.5% pace. The revision covered economic activity from April through June.

– U.S. consumer confidence experienced a sharp decline in September, marking its weakest point since April 2014. The Conference Board announced that its Consumer Confidence Index dropped by 6.7 points to 81.9, with the August figure being revised downward to