Browsing: Business

Prime Minister Mark Carney outlined a reinforced federal agenda to accelerate domestic manufacturing and secure supply chain independence in response to U.S. trade restrictions. The plan incentivizes domestic capital allocation, supports critical infrastructure, and expands non-U.S. export routes to maintain

Oil prices remained above $100 a barrel on Friday as supply disruptions kept global crude markets tight. Brent crude futures fell 1.9% to $105.62 a barrel by 0555 GMT. U.S. West Texas Intermediate crude declined 1.4% to $101.10. Both benchmarks

Wall Street extended its decline Wednesday after the Dow Jones Industrial Average lost 628 points in the previous session. The Dow fell another 0.77%, while the S&P 500 dropped 0.48% and the Nasdaq Composite declined 0.64%. The losses followed a

Treasury yields stabilized in subdued trading as fixed-income markets weighed U.S. Treasury Secretary Scott Bessent’s fiscal management strategy against broader macroeconomic headwinds. Despite recent liquidity support through doubled long-end Treasury buybacks, long-term borrowing costs remained elevated near multi-decade peaks amid

Wall Street stocks finished higher Wednesday as major U.S. indexes recovered from three consecutive sessions of losses. The Dow Jones Industrial Average climbed 295.01 points, or 0.56%, to 53,061.89. The S&P 500 gained 35.16 points, or 0.46%, to close at

Weakening North American retail demand dragged Lululemon Athletica Inc.’s fiscal second-quarter 2026 net revenue down 4% year-over-year to $2.42 billion, missing the $2.46 billion consensus target. While headline diluted earnings per share of $2.92 topped market projections, the outperformance was

Gold rose more than 1% on Thursday, extending a rebound from its lowest level in nearly a month. Spot gold gained 1.1% to $4,434.70 an ounce by 04:25 GMT. U.S. gold futures climbed 1.5% to $4,480.10. The U.S. dollar weakened

Major U.S. stock indexes closed sharply lower as a spike in crude oil prices driven by escalating geopolitical tensions in the Middle East reignited inflation concerns across global equity markets. The blue-chip index posted significant losses as investors evaluated the

U.S. equity indexes held near record levels Wednesday as Wall Street braced for Nvidia’s pivotal second-quarter earnings report. Trading volume remained concentrated in the technology sector as traders balanced elevated valuation metrics against broader macroeconomic indicators, including sticky core inflation

Wall Street’s technology rebound this week gained fresh context after Nvidia released quarterly results Wednesday. Major U.S. indexes had climbed Tuesday as technology and semiconductor shares recovered from the previous session’s decline. The S&P 500 rose 0.31% to 7,676.62. The