Browsing: Business

– On Tuesday, October 13, the US dollar pulled back from an 18-month high amid declining oil prices and a reassessment of the rally driven by artificial intelligence. The U.S. Dollar Index, which measures the greenback against a basket of

– The U.S. stock bull market moved into its fifth year Monday after completing four years of gains. The S&P 500 has climbed about 119% from its Oct. 12, 2022 bear-market closing low, according to Truist analysis. The index ended

International equity markets experienced a strong rebound late in the week, recovering from recent declines as the upward momentum in borrowing costs paused temporarily. Market indicators show that US and European stocks close higher as bond yields ease, encouraging institutional

– Gold prices gained on Monday as investors weighed 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. This

The foreign exchange market experienced significant upward momentum as the US dollar reached a 17-month peak, climbing to a 102.08 index score and marking its third straight weekly increase. According to international market reports issued by the Emirates News Agency, the

– The U.S. Treasury Department has scheduled three debt auctions for next week, with a total of $119 billion in notes and bonds to be issued. The process begins on Oct. 6 with a sale of $58 billion in three-year

– The second quarter of 2026 saw the US economy expand at an annual rate of 2.2%. The U.S. Bureau of Economic Analysis updated its earlier estimate from 1.5%. This revision now covers economic activity from April through June. Additionally,

– U.S. consumer confidence experienced a sharp decline in September, hitting its lowest point since April 2014. The Conference Board announced that its Consumer Confidence Index dropped 6.7 points to 81.9. Additionally, the August figure was revised downward to 88.6.

Colombia has obtained $200 million in emergency financial support from the World Bank Group. This funding aims to address urgent infrastructure repairs and disaster recovery initiatives following recent seismic events. The additional credit facility enhances national disaster risk financing mechanisms,

– According to the International Monetary Fund, artificial intelligence is increasingly shaping the landscape of economic expansion, investment flows, and labor markets. The IMF reported that AI-related technology expenditures contributed approximately 0.5 percentage points to the growth of the U.S.