Browsing: Business

Nonpartisan watchdogs Democracy Defenders Action and Transparency International U.S. urged federal lawmakers to incorporate comprehensive anti-corruption rules into the CLARITY Act or reject the bill entirely. Criticizing the ethics provisions in the draft crypto legislation, the groups asserted that the

The US hits 60 countries with new duties as Donald Trump rebuilds tariff wall, implementing a sweeping set of import taxes that range between 10 percent and 12.5 percent. These latest levies officially took effect early Friday, seamlessly replacing a

Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached

WASHINGTON, D.C. / RankWire.AI / – U.S. consumer prices fell 0.4 percent in June, reversing a sharp monthly increase recorded in May. Annual inflation slowed to 3.5 percent from 4.2 percent one month earlier. The June decline marked the largest

Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices climbed more than 4% on Monday, extending an earlier surge that carried Brent crude to $78.68 a barrel. Brent later rose $3.10, or 4.08%, to $79.11 by 3:25 a.m. GMT. U.S. West Texas Intermediate gained $2.95, or 4.11%,

Bitcoin traded near $64,061 on Friday, July 10, keeping attention on regulated crypto products, tokenized securities and corporate bitcoin treasuries. The market now has more links to traditional finance than it had before U.S. spot bitcoin exchange-traded products began trading

Oil prices settled about 2% lower on Thursday as inflation concerns outweighed continuing supply disruptions in the Middle East. Brent crude futures fell $1.72, or 2.2%, to $76.30 a barrel. U.S. West Texas Intermediate crude dropped $1.44, or 2%, to