Browsing: Business

Technology giant Apple has published its first public country-by-country European tax report, revealing an extraordinary $17.1 billion income tax payment in Ireland for the fiscal year ending September 2025. These filings, released in accordance with new European Union corporate transparency

U.S. Energy Secretary Chris Wright announced on Saturday that the nation’s extraction of crude oil and natural gas has hit record levels. This development solidifies the United States as the top energy producer worldwide. Wright shared on social media that

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the U.S. dollar lingered close to a three-month low as yields on long-term Treasury securities declined. The dollar index hovered around 98.81 against a basket of six major currencies. Meanwhile, the euro

– In Asian trading on Wednesday, gold prices moved upward as U.S. Treasury yields eased, prompting traders to revise their outlook for an interest-rate increase in September. Spot gold increased by 0.2% to reach $4,342.33 an ounce at 0030 GMT,

– Bank of America has revealed a $250 billion effort to finance vital infrastructure projects across the United States. The initiative spans 18 months, starting from January 1, 2026, and ending on July 4, 2027. It aims to encourage investment

WASHINGTON, D.C. / RankWire.AI / – The natural gas production in the United States is projected to hit an all-time high of 122.5 billion cubic feet per day in 2026. According to the U.S. Energy Information Administration, the previous record

– On Wednesday, diesel prices continued to stay elevated due to tight inventories and refinery outages impacting fuel supplies in the United States and Europe. U.S. ultra-low sulfur diesel futures surged 7.4% on Monday, settling at $4.19 a gallon. This

– Gold sustained its upward momentum on Tuesday, marking a third straight session of gains after a notable rebound last week. The spot price of gold increased by 1% to $4,432.74 per ounce by 0217 GMT, reaching its highest point

– SpaceX experienced a 13.6% drop in its stock on Wednesday, August 5, closing at $108.27. This marked the lowest closing price since its public debut in June. The decrease followed the company’s release of its initial quarterly results as

– Gold approached a seven-week peak on Thursday, posting its most substantial daily gain since February. The spot price increased by 0.5% to reach $4,265.22 per ounce by 0330 GMT. This followed a 4.4% rise during the previous trading session.