Browsing: Business

– The U.S. Treasury Department is scheduled to conduct three debt auctions next week, offering a total of $119 billion in notes and bonds. The first auction takes place on Oct. 6, featuring $58 billion of three-year notes. On Oct.

– In the United States, economic growth in the second quarter of 2026 was revised to a 2.2% annual rate, according to new estimates. The U.S. Bureau of Economic Analysis increased its previous figure from 1.5%. This upward revision encompasses

– U.S. consumer confidence experienced a significant decline in September, marking its lowest level since April 2014. According to The Conference Board, the Consumer Confidence Index dropped 6.7 points to 81.9, with the August figure revised downward to 88.6. Data

In response to recent seismic activity, Colombia has obtained $200 million in emergency financial assistance from the World Bank Group. The funds are allocated to vital infrastructure repairs and disaster recovery initiatives. This supplementary credit expands national disaster risk financing

– Artificial intelligence is becoming a larger force in economic growth, investment and labor markets, according to the International Monetary Fund. The IMF said AI-related technology spending added about 0.5 percentage point to U.S. GDP growth in 2025. Private investment

– Oil prices experienced a notable recovery Tuesday morning after a significant drop the previous day, which marked their fourth consecutive session decline across global markets. During Monday’s trading, Brent crude closed at its lowest point in nearly two weeks,

India issued a warning to Washington that proposed tariffs on nations importing Russian crude oil could strain bilateral relations and impact the global commodity trade. This came in the wake of the United States House of Representatives passing the Sanctioning

In Washington, D.C., the Federal Reserve’s policymakers concluded their latest policy session by holding benchmark interest rates steady, updating macroeconomic forecasts for the U.S. economy’s growth and inflation outlook. The Federal Open Market Committee carefully considered ongoing consumer price pressures

– On Wednesday in the United States, stocks closed lower following the Federal Reserve decision to increase its benchmark interest rate by 25 basis points. The federal funds target range was raised to 3.75% to 4.00%. The Dow Jones Industrial

– In New York on Thursday, the U.S. dollar surged to a seven-week high following the Federal Reserve raising interest rates. The dollar index hit 100.36 against a basket of major currencies, representing an increase of approximately 0.7% from the