Finance

Stocks Rally as Iran’s Response Calms Oil Market

Dow jumps nearly 375 points while oil tumbles 7% U.S. stocks climbed Monday as investors welcomed Iran’s restrained response to American airstrikes over the weekend. Meanwhile, crude oil prices plunged...

Oman to Introduce Gulf’s First Personal Income Tax

5% tax on high earners aims to boost fiscal diversification Oman has issued a royal decree to become the...

Markets Slip Amid Geopolitical Tensions and Fed Uncertainty

S&P 500 logs third straight loss as rate cut timeline and Middle East risks weigh on sentiment The S&P...

Accenture Drops 7% Despite Revenue Beat and Raised Outlook

Investors focus on falling bookings and growth concerns Shares of Accenture (NYSE: ACN) slid 6.8% to close at $285.49...

Canada Threatens Tariff Hike as US Trade Talks Stall

Steel and aluminum tariffs may rise if no deal is reached by July Canada warned on Thursday it could...
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Amazon Outshines as Top AI Stock Despite Concerns Over AWS

Amazon.com Inc. (NASDAQ: AMZN) is making waves in the AI investment space, ranking as the most buzzing AI stock this week, backed by strong...

Oil Futures Drop as OPEC+ Decision Looms

Oil prices fell nearly 2% on Wednesday as the market awaited a critical decision from OPEC+ on production cuts. While a larger-than-expected decline in...

Stocks Decline Amid Profit-Taking After Strong November Gains

U.S. stocks fell on Wednesday in light trading as investors locked in profits after significant gains this month. S&P 500: Fell 0.38% to close at...

Key Market and Economic Updates: Gradual Rate Cuts, Tariffs, and Strategic Investments

U.S. Federal Reserve officials anticipate reducing interest rates “gradually” to reach a “more neutral stance,” according to minutes from the November meeting. However, this...

US Stocks Rise as Dow Hits Record Highs and Small Caps Surge

US stocks climbed on Monday, with the Dow Jones Industrial Average hitting intraday record highs and small caps driving gains in the Russell 2000....

China’s Central Bank Holds Lending Rates Steady Amid Stimulus Evaluation

China’s central bank, the People’s Bank of China (PBOC), announced on Wednesday that it would maintain its key benchmark lending rates. The 1-year loan...