Browsing: Business

Oil prices declined in early Asian trading on Thursday as benchmark crude futures retreated from the previous session’s gains, with markets assessing confirmed Middle East developments and U.S. inventory data. Brent crude futures fell 87 cents, or 0.89 percent, to

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Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management, has renewed his warning that U.S. equities are vulnerable after a prolonged advance that left major benchmarks trading near record levels. In a published interview, Schiff described the

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OpenAI’s ChatGPT reached 1 billion monthly active app users worldwide in May 2026, according to data from market intelligence firm Sensor Tower, marking the fastest rise to that level recorded for a consumer app. The estimate places ChatGPT among the

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WASHINGTON, D.C. / Content Syndication Services / — The European Parliament’s trade committee backed legislation on Tuesday to remove import duties on many goods from the United States, advancing a central part of the EU-US trade framework reached in 2025.

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The U.S. dollar held steady on Tuesday as global currency markets remained largely rangebound, with traders tracking Middle East diplomacy, energy prices and the U.S. economic calendar. The dollar index, which measures the currency against a basket of major peers,

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Gold prices rose on Tuesday as U.S. Treasury yields eased, lifting demand for bullion after recent pressure from elevated rates and a firmer dollar. Spot gold advanced 0.8 percent to $4,517.73 per ounce, while U.S. gold futures for August delivery

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Anthropic has raised $65 billion in Series H funding at a $965 billion post-money valuation, making the Claude developer the most valuable private artificial intelligence company by reported valuation. The financing round places Anthropic ahead of OpenAI’s most recent disclosed

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Oil prices climbed more than two percent in early Monday trading as international crude benchmarks rebounded from recent losses, with traders focusing on renewed Middle East supply concerns and broader commodity market pressure. Brent Crude rose 2.1 percent to $93.02

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