Browsing: Business

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

Gold stayed close to a seven-week high on Thursday after its largest daily advance since February. Spot gold gained 0.5% to $4,265.22 an ounce by 0330 GMT. The metal had surged 4.4% during Wednesday’s session. December U.S. gold futures rose

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

U.S. stocks rose sharply Monday as large technology companies advanced and crude oil prices fell. The Dow Jones Industrial Average gained 693.38 points, or 1.32%, to close at a record 53,178.41. The S&P 500 climbed 1.48% to 7,600.50. The Nasdaq

The U.S. dollar remained sharply lower against the Japanese yen on Tuesday after a rapid reversal in foreign exchange markets. The yen traded near 157.35 per dollar during early Asian hours. It had reached about 155.20 on Monday, its strongest

The US hits 60 countries with new duties as Donald Trump rebuilds tariff wall, implementing a sweeping set of import taxes that range between 10 percent and 12.5 percent. These latest levies officially took effect early Friday, seamlessly replacing a

Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached