Browsing: Business

Global oil benchmarks posted double-digit weekly gains as Brent topped $88 and commercial shipping through Hormuz fell sharply again.

U.S. inflation slowed sharply in June as falling gasoline and fuel prices pulled the Consumer Price Index down 0.4% for the month.

Wall Street closed lower as surging oil prices and steep semiconductor losses pulled the Nasdaq, S&P 500 and Dow into negative territory.

Oil prices surged nearly 10% as Brent settled at $83.30, while Strait of Hormuz disruption kept global energy markets focused on supply flows.

Gold rebounded above $4,000 after a roughly 3% drop as higher oil prices, inflation concerns and US rate expectations moved markets.

Oil prices rose more than 4% as Brent topped $79 and WTI climbed above $74 after renewed US-Iran strikes and slower Hormuz traffic.

Bitcoin’s market structure now spans spot ETFs, tokenized assets, custody systems and corporate treasury holdings.

Oil prices fell about 2% as Brent settled at $76.30 and WTI at $72.08, while economic concerns outweighed persistent supply risks.

Apple announced a $30 billion Broadcom chip deal to make 15 billion U.S. chips and expand wireless component production in Colorado.

IFC priced a $2 billion five-year US dollar green bond, drawing $8 billion in demand from global investors for development finance.