Browsing: Business

WASHINGTON, Dec 25: The yield on the 10-year U.S. Treasury note held steady on Tuesday as investors assessed the latest economic data and its implications for the Federal Reserve’s interest rate outlook heading into 2025. The move followed an upward revision in third-quarter U.S. gross

NEW YORK, December 25, 2025: Consumer confidence has declined across major economies even as spending levels remain steady, underscoring a notable divergence between sentiment and behavior. Despite persistent concerns about inflation, high interest rates, and global economic uncertainty, households continue

SANTA CLARA, California, December 24, 2025: Nvidia Corporation is preparing to resume exports of its H200 artificial intelligence chips to China by mid-February 2026, marking the company’s first shipments of the high-performance processors to Chinese customers since the United States eased certain export restrictions earlier this month.

NEW YORK, December 23, 2025: Wall Street’s main indexes rose on Monday as U.S. markets began a holiday-shortened trading week, with technology stocks leading broad-based gains. The S&P 500 climbed 0.6 percent, nearing its recent record high, while the Nasdaq Composite advanced 0.8 percent and the Dow Jones

WASHINGTON, December 18, 2025: The latest round of U.S. economic data is signaling a moderation in growth as consumer spending slows, industrial activity softens, and inflation remains above the Federal Reserve’s target. The figures suggest the economy is entering the

WASHINGTON, December 17, 2025: The Trump administration has announced a major federal hiring initiative known as the “U.S. Tech Force,” aiming to recruit approximately 1,000 technology specialists to modernize government systems and advance artificial intelligence capabilities across federal agencies. The program, introduced

WASHINGTON, December 13, 2025: Gold prices climbed globally on Friday after the United States Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75%, marking the central bank’s third rate reduction this year. The decision strengthened gold’s

NEW YORK, December 12, 2025: The Dow Jones Industrial Average surged more than 400 points on Thursday, closing at a record high as investors shifted out of technology and artificial intelligence-related stocks and into a broader range of sectors. The rotation came after Oracle Corporation’s quarterly results

AUSTIN, Texas, December 11, 2025: Oracle Corporation shares dropped sharply after the enterprise software company reported quarterly revenue that fell short of Wall Street expectations, signaling a slowdown in the company’s cloud growth momentum. The stock declined more than eight

WASHINGTON, Dec 11, 2025: The U.S. Federal Reserve on Wednesday approved its third interest rate cut of the year, lowering the benchmark federal funds rate by 25 basis points to a range of 3.50% to 3.75%, as policymakers signaled a