Browsing: Business

Athletic apparel retailer Lululemon Athletica Inc. announced its financial results for the fiscal second quarter of 2026, exceeding Wall Street expectations with earnings per share but missing revenue projections. The company’s net revenue fell 4% year-over-year to $2.42 billion, short

– Gold rose more than 1% on Thursday, extending a rebound from its lowest level in nearly a month. Spot gold gained 1.1% to $4,434.70 an ounce by 04:25 GMT. U.S. gold futures climbed 1.5% to $4,480.10. The U.S. dollar

Major U.S. stock indexes closed sharply lower as a surge in crude oil prices, fueled by escalating geopolitical tensions in the Middle East, reignited inflation concerns across global equity markets. The blue-chip index suffered significant losses as investors assessed the

WASHINGTON, D.C. / RankWire.AI / – The United States has crossed the $40 trillion threshold in its gross national debt for the first time, marking a significant fiscal milestone. According to U.S. Treasury’s Debt to the Penny data, the figure

On Wednesday, U.S. equity indices remained near all-time highs as investors prepared for Nvidia’s critical second-quarter earnings announcement. Trading activity was mainly concentrated in the technology sector as traders balanced high valuation metrics against broader macroeconomic signals, including persistent core

– This week’s resurgence in Wall Street’s technology sector gained further momentum after Nvidia announced its quarterly results on Wednesday. U.S. major indices climbed on Tuesday as tech and semiconductor stocks recovered from the previous day’s dip. The S&P 500

On Tuesday, the U.S. dollar struggled to secure upward momentum across global currency exchanges, unable to sustain its overnight gains as key international counterparts stabilized within recent trading ranges. The dollar index, which measures the greenback’s value against a basket

Technology giant Apple has for the first time disclosed the amount of profits it generated and the income taxes it paid in each European Union country, adhering to recent public reporting regulations. The data for the fiscal year ending in

United States Secretary of Energy Chris Wright announced on Saturday that domestic energy producers have driven national oil and gas extraction to historic heights, reaffirming the country’s position as the leading global producer. Through a statement shared across social media

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the U.S. dollar hovered close to a three-month low as yields on long-term Treasuries declined. The dollar index was at 98.813 against a basket of six major currencies, approaching its weakest point