Browsing: Business

Gold jumped to a three-week high on a weaker dollar, then eased on profit taking as the dollar firmed and metals prices swung in global trade.

Trump raised a temporary global U.S. import tariff to 15% as customs ends IEEPA tariff collection after a Supreme Court ruling and new rules start Feb. 24.

India’s entry into Pax Silica links it with partners working across critical minerals, energy, semiconductor manufacturing, logistics and AI infrastructure.

President Trump imposed a temporary 10% global import duty after the Supreme Court ruled emergency law IEEPA cannot authorize tariffs, with effect Feb. 24.

Oil futures rose as U.S.-Iran tensions and Strait of Hormuz disruptions lifted risk premiums, while a large EIA inventory draw added support.

Holiday-quarter sales lifted Walmart revenue 5.6% to $190.7B and pushed global e-commerce up 24%, but the retailer forecast FY2027 EPS below estimates.

U.S. trade deficit totaled $901.5B in 2025 as record $4.33T imports and rising exports left the gap nearly unchanged, Commerce Department data show.

Nvidia is reported to be in talks to invest up to $30 billion in OpenAI as part of a wider fundraising drive topping $100 billion in the United States this week.

U.S. stocks begin 2026, trailing global benchmarks by most since 1995, with stronger gains abroad, and heavy inflows into ex-U.S. equity funds in January so far.

Minutes from the Fed’s Jan 27-28 meeting show a split on the next rate move after holding 3.5%-3.75% with two dissenters seeking a cut; some kept hikes in view.