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, oil prices gained momentum with Brent crude futures increasing by $1.21 to reach $110 per barrel, according to Reuters, driven by ongoing Middle East tensions that kept the market on edge. US West Texas Intermediate

– The U.S. Dollar Index declined by 0.25% to 102.27 on Tuesday, October 13, retreating from its highest point in 18 months. After reaching 102.61 on Monday—a level not seen since April 2025—the index, which measures the dollar’s performance against

– The U.S. stock bull market has now stretched into its fifth year after completing four years of gains. The S&P 500 has risen roughly 119% from its bear-market closing low on Oct. 12, 2022, according to Truist analysis. At

Market sentiment improved globally as investors shifted back toward riskier assets towards the end of the trading week. Data confirmed that US and European stocks close higher as bond yields ease, reversing a downward trend triggered by earlier selloffs. The

– Gold prices increased on Monday as markets responded to softer U.S. employment figures alongside a strengthening dollar. The spot price of gold climbed 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery also advanced

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

– The second quarter of 2026 saw the U.S. economy grow at an annual rate of 2.2%, significantly revised upward from earlier projections. The U.S. Bureau of Economic Analysis disclosed this updated figure for April through June, after initially estimating

– U.S. consumer confidence declined to its lowest point since April 2014 in September, marking a continued three-month decrease in household sentiment. The Conference Board announced that its Consumer Confidence Index fell 6.7 points to 81.9. The previous reading for

In response to recent seismic destruction, the international development sector has mobilized urgent financial aid to support affected populations. Authorities have announced that the World Bank Group has approved a financial package aimed at speeding up regional reconstruction efforts. This