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Carbon pricing generated more than $107 billion for public budgets in 2025, extending a decade of growth in government revenue from carbon taxes and emissions trading systems, the World Bank said in its State and Trends of Carbon Pricing 2026

U.S. stock futures moved lower Monday after a record setting week on Wall Street, with traders tracking higher Treasury yields, elevated oil prices and a heavy earnings calendar led by Nvidia and major retailers. Futures tied to the Dow Jones

WASHINGTON, D.C. / Content Syndication Services / — Jerome H. Powell’s term as chair of the U.S. central bank concluded Friday, ending his second four-year chairmanship, while the Federal Reserve Board named him chair pro tempore until Kevin M. Warsh

Gold fell sharply on Friday, dropping to its lowest level since May 4 as a stronger U.S. dollar and rising Treasury yields weighed on demand for bullion. Spot gold declined 2.3% to $4,541.91 an ounce by 1540 GMT, after falling

Oil prices jumped more than 3 percent Friday, closing a volatile week with strong gains as traders focused on continued disruptions around the Strait of Hormuz and tighter petroleum inventories. Brent crude settled 3.35 percent higher at $109.26 a barrel,

Gold fell to a more than one-week low on Friday and was headed for a weekly loss as higher oil prices stoked inflation concerns, lifted U.S. Treasury yields and strengthened the dollar, weakening demand for bullion. Spot gold dropped 2%

Gold prices edged higher on Thursday as a softer U.S. dollar lifted demand for bullion, while crude oil held near recent highs and kept the broader inflation backdrop in focus. Spot gold rose 0.2% to $4,696.36 an ounce by 1112

Gold prices traded in a volatile range on Tuesday as investors braced for U.S. inflation data and monitored Middle East tensions, with bullion giving up early gains after touching a three-week high. Spot gold was down 0.6% at $4,705.99 an

NEW YORK: U.S. oil prices jumped more than 3% at the open on Friday after fighting between the United States and Iran resumed around the Strait of Hormuz, reviving concern over flows through one of the world’s most important energy

WASHINGTON: Global debt climbed to a record near US$353 trillion at the end of March, as borrowing in the United States and China pushed the total up by more than US$4.4 trillion in the first quarter, according to the latest