Browsing: Business

U.S. stocks closed lower in a broad sell-off as the Dow, S&P 500 and Nasdaq retreated from recent highs amid oil and inflation concerns.

Peter Schiff’s U.S. stock warning returns as elevated valuations, federal debt, inflation and steady Fed rates frame market risks.

ChatGPT reached 1 billion monthly active app users worldwide in May 2026, marking a record milestone in global AI adoption.

European Parliament trade MEPs advanced EU-US tariff legislation covering U.S. goods, safeguards and a June plenary vote in Brussels.

Dollar trading stayed steady near 99 while Bitcoin and Ether declined, leaving global currency moves muted and crypto markets weaker.

Gold prices rose as U.S. Treasury yields eased, supporting bullion while investors tracked Fed policy, jobs data and metals demand.

Anthropic raised $65 billion in Series H funding, lifting its valuation to $965 billion and placing it ahead of OpenAI among private AI firms.

The dollar steadied after a weekly decline as traders monitored major currencies, U.S. jobs data, central banks and oil-linked risks.

Oil prices rose more than two percent as Brent and WTI climbed on Gulf supply concerns, keeping energy markets focused on Middle East risks.

Dell Technologies shares surged after quarterly revenue, profit and AI server sales rose sharply, with the company lifting its full-year outlook.