Browsing: Business

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

– On Wednesday, U.S. equities declined following the Federal Reserve increasing interest rates by 25 basis points. This move pushed the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average dropped 631.21 points, or 1.21%, closing

– The U.S. dollar climbed to a seven-week high on Thursday following the Federal Reserve raising interest rates for the first time in over three years. The dollar index hit 100.36 against its main counterparts after a 0.7% increase overnight.

– Costco has increased the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. This package includes two 5-quart bottles and is available in several common viscosity grades. The retailer now restricts members

– U.S. markets declined Monday, with artificial intelligence stocks and chipmakers leading the way down. The S&P 500 decreased by 0.5% to 7,619.98. The Dow Jones Industrial Average fell 152.09 points, or 0.3%, closing at 52,421.20. The Nasdaq Composite was

– On Monday, the benchmark 10-year U.S. Treasury yield briefly exceeded 5%, a level not seen since October 2023. Prior to this, it had not sustained a firm level above 5% since 2007. The yield then retreated, with the U.S.

Canadian Prime Minister Mark Carney reaffirmed the federal government’s economic plan aimed at boosting local manufacturing and reducing reliance on international supply chains amid escalating trade tensions with the United States. In discussions with business leaders and reporters, Carney outlined

– Oil prices held above $100 a barrel on Friday, driven by ongoing supply disruptions that kept global crude markets constrained. Brent crude futures dropped 1.9%, ending the day at $105.62 a barrel by 0555 GMT. U.S. West Texas Intermediate

– Wall Street continued its downward trend Wednesday, following a drop of 628 points in the previous session. The Dow Jones Industrial Average decreased by 0.77%, the Nasdaq Composite fell 0.64%, and the S&P 500 declined 0.48%. These losses came