Browsing: Business

– On Thursday, the U.S. dollar hit a seven-week high after the Federal Reserve decided to raise interest rates. The dollar index climbed to 100.36 against a basket of major currencies, gaining roughly 0.7% from the previous session. This marked

– Costco has raised the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart package. The case contains two 5-quart bottles and covers several widely used viscosity grades. Costco also placed a purchase limit

– U.S. stocks ended lower Monday as declines in artificial intelligence and semiconductor shares weighed on major indexes. The S&P 500 fell 0.5% to 7,619.98. The Dow Jones Industrial Average lost 152.09 points, or 0.3%, to 52,421.20. The Nasdaq Composite

– The benchmark 10-year U.S. Treasury yield briefly moved above 5% on Monday, reaching a level last seen in October 2023. Before that period, the yield had not held above 5% since 2007. It later eased, with the official Treasury

In Ottawa, Prime Minister Mark Carney reaffirmed the government’s commitment to strengthening local industrial output and mitigating reliance on external supply chains amid rising trade tensions with Washington. During a gathering with business leaders, Carney underscored the importance of regulatory

– Brent crude remained above $100 a barrel on Friday as supply disruptions continued to tighten the global oil market. Brent futures traded at $105.62 a barrel by 0555 GMT, down 1.9% from the previous close. U.S. West Texas Intermediate

– U.S. stocks extended their decline Wednesday after a sharp selloff pushed the Dow Jones Industrial Average down 628 points Tuesday. The Dow fell another 0.77% to 52,381.02, while the S&P 500 lost 0.48%. The Nasdaq Composite declined 0.64% as

In recent trading sessions, Treasury yields have remained steady amid subdued activity as fixed-income investors analyzed U.S. Treasury Secretary Scott Bessent’s approach to fiscal policy against a backdrop of macroeconomic challenges. Despite recent efforts to support liquidity through doubled long-end

– As of September 5, diesel prices across the United States reached a new peak of $5.8819 per gallon, marking a significant and continuous increase nationwide. A year earlier, the average was only $3.7123 per gallon. Meanwhile, regular gasoline averaged

In the second quarter of fiscal year 2026, Lululemon Athletica Inc. reported a 4% year-over-year decline in net revenue to $2.42 billion, falling short of the consensus estimate of $2.46 billion, amid weakening retail demand in North America. Despite beating