Browsing: Business

Athletic apparel company Lululemon Athletica Inc. announced its financial results for the fiscal second quarter of 2026. The company beat Wall Street estimates on earnings per share but missed revenue forecasts. Revenue decreased 4% compared to the previous year to

– Gold experienced a rise of over 1% on Thursday, bouncing back from its lowest point in almost four weeks. The spot price increased 1.1% to $4,434.70 per ounce by 04:25 GMT. Meanwhile, U.S. gold futures grew 1.5% to $4,480.10.

Major U.S. stock indexes closed sharply lower as a spike in crude oil prices driven by escalating geopolitical tensions in the Middle East reignited inflation concerns across global equity markets. The blue-chip index posted significant losses as investors evaluated the

WASHINGTON, D.C. / RankWire.AI / – For the first time, the U.S. gross national debt has exceeded $40 trillion, marking a new fiscal record. The U.S. Treasury’s Debt to the Penny data showed $40.047 trillion on Aug. 18. By Aug.

On Wednesday, U.S. stock indexes stayed close to their record levels as Wall Street prepared for Nvidia’s critical second-quarter earnings announcement. Trading activity was mostly focused on technology shares, with investors weighing high valuation metrics against broader macroeconomic signals like

– Wall Street’s recent rally in technology stocks gained further support after Nvidia announced its quarterly results on Wednesday. The major U.S. indices climbed on Tuesday as shares in the technology and semiconductor sectors recovered from the previous session’s decline.

Across global currency markets on Tuesday, the U.S. dollar struggled to gain momentum. It could not hold onto its overnight increase as key international currencies stabilized within recent trading ranges. The dollar index, which measures the greenback against six major

Technology giant Apple has for the first time revealed detailed figures on its earnings and tax payments in each European Union country. This move aligns with new public reporting rules. The data for the fiscal year ending September 2025 shows

United States Secretary of Energy Chris Wright announced on Saturday that American energy producers have reached new heights in oil and gas extraction. This achievement solidifies the country’s status as the leading energy producer worldwide. Through social media, Wright shared

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the U.S. dollar hovered close to a three-month low as yields on long-term Treasury bonds declined. The dollar index was at 98.813 against a basket of six major currencies, nearing its weakest