Browsing: Business

With hours remaining before a possible U.S. government shutdown, economists and policy analysts are closely evaluating the likely effects on the economy. While the full scope of the impact depends largely on the duration of the shutdown, early indicators suggest

U.S. consumer confidence declined for a second consecutive month in September as inflationary concerns and a weakening labor market continued to weigh on household sentiment, according to new data released Tuesday by the Conference Board. The Conference Board’s Consumer Confidence

NEW YORK, September 27, 2025: The Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Rebeca Grynspan, has urged global leaders attending the 80th session of the United Nations General Assembly (UNGA80) to take immediate action to reduce

European polished diamonds, primarily processed in Antwerp, have been granted an exemption from the 15 percent import tariffs recently introduced by the United States on a range of industrial goods. The Antwerp World Diamond Centre (AWDC) confirmed the decision in

U.S. Treasury yields moved lower on Tuesday as financial markets prepared for a key speech from Federal Reserve Chair Jerome Powell. The benchmark 10-year Treasury yield fell to around 4.13 percent, slipping by two basis points, while the 2-year yield

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

Pfizer has signed a definitive agreement to acquire Metsera, a privately held clinical-stage biotechnology company focused on obesity and cardiometabolic therapies, in a transaction valued at approximately $4.9 billion in cash. The deal includes additional milestone-based payments that could bring

Paramount Global, in partnership with Skydance Media, is preparing a formal bid to acquire Warner Bros. Discovery in a move that could result in one of the most significant mergers in the media and entertainment sector in recent years. The

U.S. President Donald Trump has reiterated his call to eliminate quarterly earnings reporting requirements for publicly traded companies, advocating for a shift to semiannual financial disclosures. The statement was made Monday via a post on his social media platform, Truth

Oracle Corporation shares surged to record highs on Tuesday after the company delivered stronger-than-expected projections for its cloud infrastructure business, underscoring growing enterprise demand for artificial intelligence computing services. The stock recorded a historic single-day gain, adding nearly $270 billion