Browsing: Business

OpenAI’s ChatGPT reached 1 billion monthly active app users worldwide in May 2026, according to data from market intelligence firm Sensor Tower, marking the fastest rise to that level recorded for a consumer app. The estimate places ChatGPT among the

Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management, has renewed his warning that U.S. equities are vulnerable after a prolonged advance that left major benchmarks trading near record levels. In a published interview, Schiff described the

The U.S. dollar held steady on Tuesday as global currency markets remained largely rangebound, with traders tracking Middle East diplomacy, energy prices and the U.S. economic calendar. The dollar index, which measures the currency against a basket of major peers,

WASHINGTON, D.C. / Content Syndication Services / — The European Parliament’s trade committee backed legislation on Tuesday to remove import duties on many goods from the United States, advancing a central part of the EU-US trade framework reached in 2025.

Anthropic has raised $65 billion in Series H funding at a $965 billion post-money valuation, making the Claude developer the most valuable private artificial intelligence company by reported valuation. The financing round places Anthropic ahead of OpenAI’s most recent disclosed

Gold prices advanced on Monday as a softer U.S. dollar made bullion less expensive for buyers using other currencies, while lower oil prices shaped trading across commodities. Spot gold rose 1.5% to $4,574.17 an ounce by 1118 GMT, and U.S.

WASHINGTON, D.C. / Content Syndication Services / — Ground beef prices reached a record national average of $6.899 per pound in April, adding pressure to Memorial Day weekend cookouts and household food budgets across the United States. The price, reported

U.S. stocks closed higher Friday, with the Dow Jones Industrial Average finishing at a record and the S&P 500 extending its weekly advance to eight straight weeks, the benchmark index’s longest run of weekly gains since December 2023. The S&P

U.S. consumer sentiment fell to a fresh record low in May as households reported deeper concern over high prices, gasoline costs and inflation linked to supply disruptions around the Strait of Hormuz during the Iran conflict, according to final monthly

WASHINGTON, D.C. / Content Syndication Services / — U.S. egg prices are falling sharply as supply expands and demand remains light, leaving producers with weaker returns while operating costs remain elevated. The U.S. Department of Agriculture’s latest market data showed