Browsing: Business

Investors’ appetite for risk increased as global equity markets experienced a significant rebound at the end of the trading week. Data confirmed that US and European stocks closed higher as bond yields eased, reversing an earlier downward trend caused by

– Gold prices increased on Monday as markets absorbed softer U.S. employment figures alongside a strengthening dollar. Spot gold advanced 0.6% to $4,165.49 per ounce by 0901 GMT. Meanwhile, U.S. gold futures for December delivery rose 0.8% to $4,194.60. This

– The U.S. Treasury Department will auction $119 billion of notes and bonds next week across three consecutive sales. The schedule starts Tuesday, Oct. 6, with $58 billion of three-year notes. Treasury will follow with $39 billion of 10-year notes

– The second quarter of 2026 saw the US economy grow at an annual rate of 2.2%, a notable upward revision from earlier projections. The U.S. Bureau of Economic Analysis reported the adjusted figure for the April through June period.

– U.S. consumer confidence declined to its lowest point since April 2014 in September, marking the continuation of a three-month downturn in household sentiment. The Conference Board announced that its Consumer Confidence Index decreased by 6.7 points to 81.9. August’s

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

– International Monetary Fund reports that artificial intelligence is reshaping investment patterns, boosting productivity, and transforming labor markets, all while posing new challenges for policymakers worldwide. The IMF’s 2026 Annual Report states that AI-related technological investments contributed approximately 0.5 percentage

– Oil prices experienced a sharp decline on Monday, pushing global crude standards to their lowest points in 12 days. November Brent crude settled at $100.34 per barrel, down by $3.53, or 3.4%. October West Texas Intermediate fell by $4.52,

India cautioned Washington that the proposed tariffs on nations importing Russian crude oil could undermine bilateral relations and disturb the global commodity trade network. This warning follows the approval of the Sanctioning Russia and Iran Act of 2026 by the

On Wednesday, the Federal Reserve wrapped up its scheduled two-day monetary policy meeting. It kept its key interest rate benchmark target range unchanged and issued updated quarterly economic projections. The decision by the Federal Open Market Committee (FOMC) reflects ongoing