Browsing: Business

Global stock markets saw a significant rally as investors shifted back toward riskier assets at the end of the trading week. Financial data confirmed that US and European stocks close higher as bond yields ease, reversing a downward trend triggered

– Gold prices increased on Monday amid market reactions to softer U.S. employment figures and a stronger dollar. Spot gold climbed 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery went up 0.8% to $4,194.60.

– The U.S. Treasury Department is scheduled to hold three consecutive sales of notes and bonds totaling $119 billion next week. The series begins on Tuesday, Oct. 6, with a $58 billion offering of three-year notes. The following day, Treasury

– The U.S. economy grew at an annual rate of 2.2% in the second quarter of 2026, marking a significant upward revision from earlier estimates. The U.S. Bureau of Economic Analysis announced the revised figure for April through June. Previously,

– U.S. consumer confidence declined to its lowest point since April 2014 in September, marking a three-month downward trend in household optimism. According to The Conference Board, its Consumer Confidence Index decreased by 6.7 points to 81.9. The August figure

In response to recent seismic events, the international development community has mobilized emergency financial aid. Officials confirmed that the World Bank Group has approved funding to speed up regional recovery efforts. Under this new fiscal plan, the World Bank Group

– International Monetary Fund states that artificial intelligence is transforming investment patterns, boosting productivity, and impacting labor markets. At the same time, it presents new challenges for economic policymakers. The IMF’s 2026 Annual Report notes that AI-related technology investments contributed

– Oil prices experienced a significant decline on Monday, pushing the main crude benchmarks to their lowest point in 12 days. The November Brent crude settled at $100.34 a barrel, reflecting a drop of $3.53, or 3.4%. Meanwhile, October West

India cautioned Washington that proposed tariffs on nations importing Russian crude oil could strain bilateral ties and disturb global commodity markets. This warning followed the passage of the Sanctioning Russia and Iran Act of 2026 by the United States House

The Federal Reserve wrapped up its two-day scheduled monetary policy meeting on Wednesday. It kept its key interest rate target range unchanged while issuing updated quarterly economic forecasts. The decision by the Federal Open Market Committee reflects ongoing analysis of