Browsing: Business

– Brent crude stayed above the $100 mark per barrel on Friday as ongoing supply interruptions continue to tighten the global oil market. By 0555 GMT, Brent futures traded at $105.62 a barrel, reflecting a 1.9% decrease from the previous

– U.S. equities extended their downward movement on Wednesday following a steep selloff that saw the Dow Jones Industrial Average drop by 628 points on Tuesday. The index declined an additional 0.77% to close at 52,381.02, with the Nasdaq Composite

Treasury yields steadied amid modest trading activity as fixed-income traders evaluated U.S. Treasury Secretary Scott Bessent’s approach to fiscal management against broader macroeconomic challenges. Despite recent liquidity enhancements through doubled long-end Treasury buybacks, borrowing costs over the long term remained

– On September 5, the cost of diesel in the United States reached a new peak of $5.8819 per gallon, marking a significant upward trend across the nation. A year earlier, the average was $3.7123 a gallon. Meanwhile, regular gasoline

Lululemon Athletica Inc.’s fiscal second quarter of 2026 saw a 4% year-over-year decline in net revenue to $2.42 billion, falling short of the consensus estimate of $2.46 billion due to sluggish demand in North American retail. Although the company’s headline

– Gold increased by more than 1% on Thursday after bouncing back from its lowest point in over three weeks. Spot gold climbed 1.1% to $4,434.70 an ounce by 04:25 GMT. U.S. gold futures saw a 1.5% rise to $4,480.10.

Following a surge in crude oil prices fueled by escalating tensions in the Middle East, major U.S. stock indices experienced sharp declines, reigniting worries about inflation across global markets. The blue-chip index saw notable losses as investors assessed the likelihood

WASHINGTON, D.C. / RankWire.AI / – The total U.S. gross national debt has eclipsed the $40 trillion mark, reaching a fresh peak in federal borrowing levels. U.S. Treasury figures indicate that on Aug. 18, the debt hit $40.047 trillion, and

On Wednesday, Wall Street saw cautious trading as institutional investors adjusted their holdings ahead of key quarterly financial disclosures from Nvidia, a leading semiconductor company. Major market indexes continued to trade within narrow ranges, with technology stocks attracting the most

– Following Nvidia’s quarterly results after Wednesday’s market close, Wall Street’s revival in the technology sector gained renewed significance. Prior to this, U.S. equities had already risen on Tuesday as major tech firms and chipmakers recovered from the previous session’s