Browsing: Business

– In New York on Tuesday, October 13, the U.S. Dollar Index declined by 0.25% to 102.27, stepping back from its highest level in 18 months. The index, which measures the greenback against six major currencies, had hit 102.61 the

– On Monday, the U.S. stock bull market marked its fifth year since inception after experiencing four years of gains. According to Truist analysis, the S&P 500 has climbed approximately 119% from its bear-market closing low of October 12, 2022.

In global markets during the closing days of the trading week, a notable comeback in equities was observed as investor confidence returned to riskier assets. Data confirmed that US and European stocks close higher as bond yields ease, reversing an

– Gold prices edged higher on Monday as markets reacted to softer U.S. employment figures and a stronger dollar. Spot gold increased by 0.6% to $4,165.49 an ounce at 0901 GMT. U.S. gold futures for December delivery grew 0.8% to

– Next week, the U.S. Treasury Department is set to conduct a series of three auctions totaling $119 billion in notes and bonds. The sales will commence on Tuesday, Oct. 6, with a $58 billion offering of three-year notes. The

– In the United States during the second quarter of 2026, the economy experienced an upward revision, expanding at an annual rate of 2.2%, according to the U.S. Bureau of Economic Analysis. This marks a notable increase from earlier estimates.

– U.S. consumer confidence reached its lowest point since April 2014 during September, continuing a three-month downward trend in household sentiment. According to The Conference Board, its Consumer Confidence Index fell by 6.7 points to 81.9. The August figure was

The international development community has mobilized emergency financial resources to assist populations affected by seismic activity. Government officials confirmed that the World Bank Group has authorized monetary assistance to accelerate regional reconstruction efforts. Under this new fiscal framework, the World

– In its 2026 Annual Report, the International Monetary Fund detailed how artificial intelligence is reshaping investment patterns, boosting productivity, and influencing labor markets worldwide, while also presenting new hurdles for economic policymakers. The report states that AI-related technological investments

– Oil prices experienced a notable rebound on Monday, after reaching their lowest point in 12 days, with global crude benchmarks declining sharply. The November Brent crude settled at $100.34 a barrel, reflecting a drop of $3.53, or 3.4%. Meanwhile,