Browsing: Business

Oil prices rose more than 4% as Brent topped $79 and WTI climbed above $74 after renewed US-Iran strikes and slower Hormuz traffic.

Bitcoin’s market structure now spans spot ETFs, tokenized assets, custody systems and corporate treasury holdings.

Oil prices fell about 2% as Brent settled at $76.30 and WTI at $72.08, while economic concerns outweighed persistent supply risks.

Apple announced a $30 billion Broadcom chip deal to make 15 billion U.S. chips and expand wireless component production in Colorado.

IFC priced a $2 billion five-year US dollar green bond, drawing $8 billion in demand from global investors for development finance.

Oil prices settled higher as Brent hit $74.16 and WTI reached $70.44 after U.S. Treasury action and Hormuz tanker reports drew market focus.

Wall Street closed higher as chip and AI stocks lifted the Nasdaq, S&P 500 and Dow, with semiconductor shares leading market gains.

US dollar weakens after June payrolls show slower job growth, easing Fed rate bets and lifting the euro, sterling and yen in currency markets.

Gold prices fell to a seven-month low as a stronger dollar, higher Treasury yields and rate expectations pressured bullion below $4,000.

S&P 500 and Nasdaq posted their strongest quarter since 2020, led by technology and chip shares as U.S. indexes closed higher on Tuesday.