Browsing: Business

– U.S. Treasury Department plans to conduct auctions totaling $119 billion of notes and bonds across three consecutive sales scheduled for next week. The series begins on Tuesday, Oct. 6, with a $58 billion offering of three-year notes. On Wednesday,

– The U.S. economy saw an upward revision in its second-quarter growth rate, now reported at 2.2% annually for 2026, compared to earlier estimates. The U.S. Bureau of Economic Analysis provided the updated figure for the April through June period,

– U.S. consumer confidence declined to its lowest point since April 2014 during September, marking the continuation of a three-month downward trend in household sentiment. According to The Conference Board, its Consumer Confidence Index decreased by 6.7 points to 81.9.

The international development community has mobilized emergency financial resources to assist populations affected by seismic activity. Government officials confirmed that the World Bank Group has authorized monetary assistance to accelerate regional reconstruction efforts. Under this new fiscal framework, the World

– The International Monetary Fund stated that artificial intelligence is transforming investment patterns, boosting productivity, and reshaping labor markets, while presenting new challenges for policymakers worldwide. According to the IMF’s 2026 Annual Report, AI-related technology investments contributed an estimated 0.5

– Oil prices experienced a significant decline Monday, reaching their lowest points in 12 days. The November Brent crude settled at $100.34 per barrel, reflecting a decrease of $3.53, or 3.4%. Meanwhile, October West Texas Intermediate fell by $4.52, or

India issued a warning to Washington that proposed tariffs targeting nations importing Russian crude oil could jeopardize bilateral relations and cause disruptions in the global commodity market. This statement followed the approval of the Sanctioning Russia and Iran Act of

The Federal Reserve wrapped up its two-day scheduled monetary policy meeting on Wednesday, choosing to keep its key interest rate target range unchanged while issuing updated quarterly economic forecasts. This move by the Federal Open Market Committee reflects ongoing assessments

– Following the Federal Reserve increasing interest rates by 25 basis points, US stocks finished lower on Wednesday. This move elevated the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average declined by 631.21 points, or

– The U.S. dollar surged to a seven-week peak on Thursday following the Federal Reserve’s decision to hike interest rates for the first time in over three years. The dollar index rose to 100.36 against its main counterparts after climbing