Browsing: Business

The U.S. dollar faced persistent headwinds across global currency markets on Tuesday, unable to maintain overnight gains as major international peers consolidated recent trading ranges. The dollar index, which tracks the greenback against a basket of six major currencies, dipped

Technology giant Apple has released its inaugural public country-by-country tax report for Europe, revealing an extraordinary $17.1 billion income tax contribution in Ireland for the fiscal year ending September 2025. The disclosure comes as part of compliance with new European

U.S. Energy Secretary Chris Wright announced Saturday that the nation has achieved new peaks in domestic crude oil and natural gas extraction, affirming its position as the world’s leading energy producer. In a social media statement, Wright praised the American

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the US dollar hovered close to a three-month minimum, driven by a decline in long-term Treasury yields. The dollar index hovered around 98.81 against a basket of six major currencies. The euro

Gold edged higher in Asian trading Wednesday as U.S. Treasury yields eased from recent highs. Spot gold rose 0.2% to $4,342.33 an ounce at 0030 GMT after falling nearly 2% on Tuesday. December U.S. gold futures slipped 0.6% to $4,396.30

Bank of America has launched a $250 billion initiative aimed at financing vital infrastructure developments across the United States. Spanning 18 months, the program will encompass eligible activities from January 1, 2026, to July 4, 2027, with a focus on

WASHINGTON, D.C. / RankWire.AI / – U.S. marketed natural gas production is on course to reach a record average of 122.5 billion cubic feet per day in 2026. The U.S. Energy Information Administration put the previous annual record at 118.5

Fuel supplies in the United States and Europe continue to face strains, leading to sustained high diesel prices. The main reason for this trend is the limited inventories and outages at key refineries. U.S. ultra-low sulfur diesel futures surged 7.4%

Gold extended its upward momentum on Tuesday, marking a third straight session of gains following last week’s notable rebound. Spot gold rose 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. Meanwhile, U.S. gold

SpaceX shares sank 13.6% on August 5 and closed at $108.27. The selloff followed the company’s first quarterly report since its June initial public offering. Investors weighed strong revenue growth against $18.37 billion in capital spending during the quarter. Artificial