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Browsing: Business
– On Tuesday, October 13, the US dollar experienced a decline from an 18-month peak, influenced by falling oil prices and a reassessment of the rally driven by artificial intelligence enthusiasm. The U.S. Dollar Index, which tracks the greenback against
– The U.S. stock bull market has entered its fifth year on Monday, marking the end of four consecutive years of gains. According to Truist analysis, the S&P 500 has increased roughly 119% since its bear-market low on October 12,
A strong recovery in international stock markets occurred late in the week, bouncing back from recent declines as the upward momentum in borrowing costs momentarily slowed. Indicators show that US and European equities ended higher amid easing bond yields, prompting
– Gold prices edged higher on Monday as investors considered weak U.S. employment figures against a more robust dollar. By 0901 GMT, spot gold increased by 0.6% to $4,165.49 per ounce. Simultaneously, U.S. gold futures for December delivery went up
The foreign exchange market experienced notable upward momentum as the US dollar reached 17-month highs, ascending to an index rating of 102.08 and marking its third consecutive weekly increase. Reports from international market analysis published by the Emirates News Agency indicate
– Next week, the U.S. Treasury Department plans to conduct three debt auctions, offering a total of $119 billion in notes and bonds. The process begins on Oct. 6 with a $58 billion sale of three-year notes. On Oct. 7,
– The U.S. economy experienced a growth rate of 2.2% on an annual basis during the second quarter of 2026. The U.S. Bureau of Economic Analysis revised its previous estimate from 1.5%. This adjustment encompassed economic activity from April through
– U.S. consumer confidence saw a significant decline in September, marking its lowest point since April 2014. According to The Conference Board, the Consumer Confidence Index dropped 6.7 points to 81.9. The previous month’s figure was revised downward from 88.6.
The World Bank Group has approved a $200 million emergency budget package for Colombia to facilitate urgent infrastructure repairs and disaster response following recent seismic events. This additional credit expands the country’s disaster risk financing frameworks, enabling local governments to
– Artificial intelligence is becoming a larger force in economic growth, investment and labor markets, according to the International Monetary Fund. The IMF said AI-related technology spending added about 0.5 percentage point to U.S. GDP growth in 2025. Private investment
