Browsing: Business

Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached

WASHINGTON, D.C. / RankWire.AI / – U.S. consumer prices fell 0.4 percent in June, reversing a sharp monthly increase recorded in May. Annual inflation slowed to 3.5 percent from 4.2 percent one month earlier. The June decline marked the largest

Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

Bitcoin traded near $64,061 on Friday, July 10, keeping attention on regulated crypto products, tokenized securities and corporate bitcoin treasuries. The market now has more links to traditional finance than it had before U.S. spot bitcoin exchange-traded products began trading

Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for Apple products. Apple said the agreement will produce more than 15 billion U.S.-made chips. It

WASHINGTON, D.C. / Content Syndication Services / – The International Finance Corporation priced a $2 billion five-year US dollar green benchmark bond, opening its fiscal-year dollar funding with a deal tied to private-sector development and job creation in developing countries.

Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after

Wall Street closed higher Monday as chip and artificial intelligence stocks led gains in major U.S. indexes. The S&P 500 rose 0.72% to 7,537.43. The Nasdaq Composite advanced 1.12% to 26,121.16. The Dow Jones Industrial Average added 0.29% to 53,055.91,