Browsing: Business

Gold prices rebounded Thursday from a six-month low as traders tracked U.S. inflation data, interest rate expectations and firm oil prices. Spot gold rose 0.5% to $4,095.64 an ounce by 0558 GMT. Earlier in the session, bullion touched $4,022.09, its lowest

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U.S. stocks closed mixed Tuesday as renewed pressure on technology and semiconductor shares pulled the S&P 500 and Nasdaq Composite lower. The Dow Jones Industrial Average rose 86.10 points, or 0.17%, to 50,872.11. The S&P 500 fell 19.08 points, or

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Global oil prices fell sharply as Brent crude futures dropped more than 4% during trading before settling lower, extending volatility in energy markets tied to Middle East supply routes. Brent closed down 3% at $91.45 a barrel after touching its

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The World Economic Forum said geoeconomic fragmentation now costs the global economy $213 billion to $307 billion each year. The estimate appears in its new report, Deepening Divides: The Cost of a More Fragmented Financial System. The report said current

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The U.S. 10-year Treasury yield moved back near 4.5 percent on Wednesday and held close to that level on Thursday, after stronger labor market readings and elevated oil prices added pressure to government bonds. The benchmark yield was around 4.49

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Gold prices advanced Thursday as a softer U.S. dollar and lower crude oil prices supported bullion, with trading across precious metals reflecting shifts in currency and energy markets. Spot gold rose 0.8 percent to $4,468.84 per ounce, while U.S. gold

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