Browsing: Business

Google will invest up to $40 billion in Anthropic, adding fresh capital and compute support as the Claude maker expands at rapid pace.

Wall Street ended lower Thursday after mixed corporate earnings, software losses and rising oil prices outweighed support from chip stocks.

Apple says Tim Cook will become executive chairman and John Ternus CEO on Sept. 1, formalizing the iPhone maker leadership transition.

Jordan is set for about $200 million in potential IMF funding after a staff-level deal covering the fifth EFF review and second RSF review.

Bullion moved higher as a weaker dollar improved buying power overseas and softer Treasury yields reduced gold holding costs Thursday.

Gold eased after hitting a one month high as the dollar firmed and risk appetite improved, while lower U.S. rate expectations kept bullion near record levels.

Oil prices surged back above $100 after the United States ordered a blockade of Iranian ports, lifting Brent and WTI as markets reacted to Gulf shipping risks.

Gold fell near a one week low as a stronger U.S. dollar, higher oil prices and fading Federal Reserve rate cut hopes weighed on bullion demand.

Gold steadied near record levels and stayed on track for a third weekly gain as Fed rate-cut bets, central bank buying and safe-haven demand supported prices.

Trump revised U.S. tariffs on steel, aluminum and copper imports, lowering rates for many derivative goods while keeping a 50% duty on core metals.