Browsing: Business

– U.S. consumer confidence reached its lowest point since April 2014 in September, continuing a three-month streak of declining household sentiment. The Conference Board announced that its Consumer Confidence Index dropped by 6.7 points, settling at 81.9. Additionally, August’s figure

The global development community has quickly mobilized emergency funds to aid populations impacted by seismic events. Authorities confirmed that the World Bank Group has approved financial assistance aimed at accelerating regional rebuilding initiatives. Through this new fiscal plan, the World

– The International Monetary Fund said artificial intelligence is reshaping investment, productivity and labor markets while creating new challenges for economic policymakers. The IMF’s 2026 Annual Report said AI-related technology investment added an estimated 0.5 percentage point to U.S. GDP

– Oil prices experienced a significant drop on Monday, pushing global crude benchmarks down to their lowest points in 12 days. November Brent crude settled at $100.34 per barrel, reflecting a decrease of $3.53, or 3.4%. October West Texas Intermediate

India cautioned Washington that proposed tariffs on nations importing Russian crude oil could damage bilateral ties and disrupt worldwide commodity trading. This warning came after the United States House of Representatives approved the Sanctioning Russia and Iran Act of 2026,

The Federal Reserve wrapped up its two-day scheduled monetary policy meeting on Wednesday. It kept its key interest rate benchmark target range unchanged while releasing new quarterly economic projections. This decision by the Federal Open Market Committee demonstrates ongoing assessments

– U.S. stocks ended the day in the red Wednesday after the Federal Reserve increased interest rates by 25 basis points. This adjustment raised the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average declined 631.21

– The U.S. dollar climbed to a seven-week high on Thursday after the Federal Reserve raised interest rates for the first time in more than three years. The dollar index hit 100.36 against its major peers after gaining 0.7% overnight.

– Costco has increased the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart package. The product includes two 5-quart bottles and is available in multiple common viscosity grades. The retailer now enforces a

– US stock indices ended the day in the red on Monday as shares linked to artificial intelligence and chip manufacturing experienced significant declines. The Dow Jones Industrial Average decreased by 152.09 points, or 0.3%, closing at 52,421.20. The Nasdaq