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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Gold Prices Hit Record Highs Despite Strong Dollar as Investors Await U.S. Election

Gold prices surged to record highs on Wednesday, defying a strong U.S. dollar, as investors sought safe-haven assets amid global economic uncertainty and looming...

Gold Edges Higher as Yields Retreat, Analysts See Slight Downside Risks

Gold prices rose slightly on Tuesday, buoyed by retreating U.S. Treasury yields, as investors awaited key economic data that could offer further clues about...

BlackRock Beats Earnings Estimates with $11.46 EPS for Q3

BlackRock Finance (BLK) delivered better-than-expected third-quarter earnings, reporting $11.46 per share, surpassing the Zacks Consensus Estimate of $10.42. This represents an earnings surprise of...

Dollar Rises as Fed Minutes and CPI Awaited Amid Market Jitters

The U.S. dollar increased on Wednesday as investors braced for releasing the Federal Reserve's September meeting minutes and upcoming economic data. The minutes could...

Unemployment Claims Rise Slightly, Layoffs Remain Low as U.S. Job Market Cools

The number of Americans filing for unemployment benefits saw a modest rise last week, with the Labor Department reporting on Thursday that claims increased...

What’s Next for Gold Prices in October 2024?

Gold continues to attract investors in today's unpredictable economy. This year, precious metals have repeatedly broken price records as people look for ways to...