Browsing: Business

Home Depot reported weaker than expected earnings for its fiscal second quarter, while warning that new tariffs will force the company to raise prices on certain imported products. The home improvement retailer posted net sales of $45.28 billion, slightly below

SoftBank Group has announced a $2 billion investment in Intel Corporation, acquiring newly issued common stock at $23 per share in a move that signals renewed confidence in the U.S. chipmaker. The deal, confirmed by both companies, positions SoftBank among

U.S. President Donald Trump is under increasing scrutiny for efforts to reshape the federal government’s statistical agencies, actions that experts warn could undermine the credibility of data long regarded as essential to the American economy. His recent dismissal of Bureau

Gold prices rose on Monday, recovering from recent losses as investors monitored geopolitical developments and awaited key policy signals from the U.S. Federal Reserve’s annual Jackson Hole Economic Symposium scheduled for later this week. Spot gold climbed approximately 0.4 percent

Electricity prices across the United States have surged by an average of 25 percent over the past four years, a sharp rise that is outpacing general inflation and driving widespread concern among households already struggling with elevated costs of living.

Economists are issuing fresh warnings that the U.S. economy may be edging closer to a recession, as new data reveals growing weaknesses in job growth, consumer activity, and policy stability. Despite ongoing headline GDP expansion, analysts say deeper systemic cracks

Shares in Standard Chartered fell sharply on Friday after U.S. Representative Elise Stefanik called for a federal investigation into the bank over allegations of sanctions violations. The Republican lawmaker from New York issued a letter to U.S. Attorney General Pam

Intel shares rallied sharply over the past two trading sessions following reports that the Trump administration is considering taking an equity stake in the company as part of a broader push to strengthen domestic semiconductor manufacturing. The move would represent

Gold prices surged to a new all-time high on Friday, briefly reaching 3,534 US dollars per ounce before pulling back slightly. The rally marks a 32 percent increase from the start of the year, far outpacing the S&P 500’s eight

Cryptocurrency exchange operator Bullish rose 12 percent in pre-market trading Thursday, reaching 78 dollars per share and doubling its initial public offering price of 37 dollars. The rally briefly pushed the company’s valuation above 10 billion dollars, despite the stock