Browsing: Business

– 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

– Costco has increased the online retail price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart set. The package includes two 5-quart bottles and spans multiple common viscosity grades. The retailer also introduced a purchase

– On Monday in the United States, major stock indexes closed lower, driven by declines in artificial intelligence and semiconductor sectors. The S&P 500 decreased by 0.5% to reach 7,619.98. The Dow Jones Industrial Average fell 152.09 points, or 0.3%,

– In the United States on Monday, the benchmark 10-year U.S. Treasury yield briefly surpassed 5%, reaching a level last observed in October 2023. Prior to that, the yield had not stayed above 5% since 2007. It subsequently declined, with

Prime Minister Mark Carney doubled down on Ottawa’s strategy to bolster domestic industrial production and reduce external supply chain vulnerabilities amid escalating commercial friction with Washington. Addressing an executive roundtable, Carney highlighted regulatory and financial incentives targeted at expanding internal

– Brent crude stayed above $100 a barrel on Friday as persistent supply interruptions continued to constrain the global oil market. By 0555 GMT, Brent futures were trading at $105.62 a barrel, representing a 1.9% decrease from the previous session.

– In the United States, stocks extended their downward trend on Wednesday following a sharp decline that saw the Dow Jones Industrial Average drop 628 points on Tuesday. The Dow decreased by another 0.77% to close at 52,381.02, while the

In New York City today, Treasury yields remained largely unchanged amid cautious trading, as fixed-income markets assessed U.S. Treasury Secretary Scott Bessent’s fiscal policy approach against broader macroeconomic challenges. Despite recent measures to support liquidity through doubled long-end Treasury buybacks,

– On September 5, the United States saw diesel prices hit a new peak of $5.8819 per gallon, marking a significant and ongoing upward trend nationwide. A year prior, the average cost was $3.7123 per gallon. At the same time,

In its fiscal second quarter of 2026, Lululemon Athletica Inc. reported a 4% year-over-year decline in net revenue to $2.42 billion, primarily due to softening retail demand in North America, which missed the consensus estimate of $2.46 billion. Despite this,