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

– On Wednesday, October 21, Brent crude futures increased by $1.21 to reach $110 per barrel, according to Reuters, as oil prices gained. Meanwhile, US West Texas Intermediate crude also rose over $1, climbing to $99 per barrel. This upward

– On Tuesday, October 13, the US dollar pulled back from an 18-month peak, pressured by falling oil prices and a reassessment of the rally driven by artificial intelligence. The U.S. Dollar Index, which tracks the greenback against a basket

– The U.S. stock bull market entered its fifth year on Monday after four years of gains, with the S&P 500 rising approximately 119% from its bear-market low on October 12, 2022, according to Truist analysis. The index closed at

Global equity markets experienced a strong late-week rebound, bouncing back from recent declines as the upward momentum in borrowing costs temporarily slowed down. Indicators show that US and European stocks finished higher as bond yields fell, encouraging institutional investors to

– Gold prices gained momentum on Monday as investors balanced weak U.S. employment reports against a stronger dollar. Spot gold rose 0.6% to $4,165.49 an ounce by 0901 GMT, while U.S. gold futures for December delivery increased 0.8% to $4,194.60.

The foreign exchange market experienced significant upward momentum as the US dollar reached 17-month peaks, climbing to an index level of 102.08 and marking its third straight weekly rise. According to global market reports from the Emirates News Agency, the dollar’s

– The U.S. Treasury Department plans to issue $119 billion in notes and bonds through three upcoming auctions next week. The schedule begins on Oct. 6 with a $58 billion offering of three-year notes. On Oct. 7, Treasury will sell

– In the second quarter of 2026, the U.S. Bureau of Economic Analysis upgraded its growth estimate to 2.2% annualized, surpassing the previous 1.5% figure. The revision accounted for economic activity from April through June, and also increased the first-quarter

– U.S. consumer confidence experienced a sharp decline in September, reaching its lowest level since April 2014, according to The Conference Board. The Consumer Confidence Index decreased by 6.7 points to 81.9, with the August figure revised downward to 88.6.