Browsing: Business

U.S. consumer sentiment fell to a fresh record low in May as households reported deeper concern over high prices, gasoline costs and inflation linked to supply disruptions around the Strait of Hormuz during the Iran conflict, according to final monthly

Oil prices rebounded Friday as Brent crude futures rose to $104.96 per barrel in early trading, recovering from sharp losses in the previous session and returning attention to volatility across global energy markets. Brent gained $2.38, or 2.3 percent, by

Gold declined on Friday and headed for a second weekly loss as higher oil prices kept inflation concerns at the center of global commodity trading. Spot gold was down 0.6 percent at $4,515.83 an ounce by early afternoon New York

Oil prices tumbled more than 5% in volatile trading as Brent crude and U.S. West Texas Intermediate posted sharp one-day declines, reversing part of a recent surge linked to disruptions around the Strait of Hormuz. Brent crude settled at $105.02

Gold prices edged lower on Thursday as a firmer U.S. dollar and elevated Treasury yields weighed on bullion, keeping the metal near a recent low after a volatile week across precious metals. Spot gold was down 0.1 percent at $4,538.16

Carbon pricing generated more than $107 billion for public budgets in 2025, extending a decade of growth in government revenue from carbon taxes and emissions trading systems, the World Bank said in its State and Trends of Carbon Pricing 2026

U.S. stock futures moved lower Monday after a record setting week on Wall Street, with traders tracking higher Treasury yields, elevated oil prices and a heavy earnings calendar led by Nvidia and major retailers. Futures tied to the Dow Jones

WASHINGTON, D.C. / Content Syndication Services / — Jerome H. Powell’s term as chair of the U.S. central bank concluded Friday, ending his second four-year chairmanship, while the Federal Reserve Board named him chair pro tempore until Kevin M. Warsh

Gold fell sharply on Friday, dropping to its lowest level since May 4 as a stronger U.S. dollar and rising Treasury yields weighed on demand for bullion. Spot gold declined 2.3% to $4,541.91 an ounce by 1540 GMT, after falling

Oil prices jumped more than 3 percent Friday, closing a volatile week with strong gains as traders focused on continued disruptions around the Strait of Hormuz and tighter petroleum inventories. Brent crude settled 3.35 percent higher at $109.26 a barrel,