Browsing: Business

– The U.S. stock bull market entered its fifth year Monday, following four years of gains. According to Truist analysis, the S&P 500 has risen approximately 119% since its bear-market closing low of October 12, 2022. That session marked its

Global stock markets experienced a strong rebound late in the week, recovering from recent declines as the upward momentum of borrowing costs temporarily slowed down. Indicators suggest that US and European equities closed higher as bond yields decreased, encouraging institutional

– Gold prices moved higher on Monday as investors considered weaker U.S. employment figures against a stronger dollar. Spot gold increased by 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery rose 0.8% to $4,194.60.

The foreign exchange market demonstrated notable upward movement as the US dollar achieved 17-month peak levels, advancing to a 102.08 index figure and marking its third straight weekly rise. Reports from international market sources published by the Emirates News Agency reveal

– The U.S. Treasury Department plans to distribute $119 billion in notes and bonds via three upcoming auctions. The first occurs on Oct. 6 with a $58 billion offering of three-year notes. On Oct. 7, Treasury will auction $39 billion

– The U.S. economy experienced a 2.2% annual growth rate in the second quarter of 2026, according to a U.S. Bureau of Economic Analysis update that raised its previous estimate from 1.5%. This revision encompasses economic activity from April through

– U.S. consumer confidence experienced a sharp decline in September, reaching the lowest level since April 2014. According to The Conference Board, its Consumer Confidence Index decreased by 6.7 points to 81.9. The earlier August figure was revised downward to

Colombia has obtained $200 million in urgent budget support from the World Bank Group to fund vital infrastructure repairs and disaster response initiatives following recent seismic events. This additional credit line enhances national disaster risk financing tools, allowing municipal authorities

– According to the International Monetary Fund, artificial intelligence is increasingly shaping economic expansion, investment activities, and labor markets. The IMF highlighted that AI-related technology investments contributed approximately 0.5 percentage points to U.S. GDP growth in 2025. Furthermore, private sector

– Oil prices experienced a notable recovery on Tuesday after suffering a significant drop on Monday, which marked the end of a four-session downward trend in global crude markets. During Monday’s session, Brent crude fell to its lowest point in