Browsing: Business

Gold fell near a one week low as a stronger U.S. dollar, higher oil prices and fading Federal Reserve rate cut hopes weighed on bullion demand.

Gold steadied near record levels and stayed on track for a third weekly gain as Fed rate-cut bets, central bank buying and safe-haven demand supported prices.

Trump revised U.S. tariffs on steel, aluminum and copper imports, lowering rates for many derivative goods while keeping a 50% duty on core metals.

Oracle has begun a new layoff round, including 491 Washington jobs, while keeping a $50 billion capital spending plan tied to cloud and AI infrastructure.

Gold ended March near $4,562 an ounce after its worst month since 2008 as a stronger dollar, firm yields and fading rate-cut hopes hit the market.

Netflix increased U.S. subscription prices for every streaming tier, raising ad, standard and premium plans while charging more for extra members.

USPS has filed for a temporary 8% surcharge on package services, with the rate change set for April 26 pending Postal Regulatory Commission review.

Meta cut several hundred jobs in a new restructuring round as the company maintained heavy 2026 AI infrastructure spending and kept workforce changes in focus.

Goldman Sachs raised its 12-month U.S. recession probability to 30% as higher energy costs, tighter financial conditions and softer growth cloud the outlook.

US business activity slowed to an 11 month low in March as rising energy costs pushed inflation higher, cooled services demand and weakened hiring.