Browsing: Business

U.S. GDP growth was revised down to 0.7% for the fourth quarter of 2025, while January core PCE inflation rose 3.1%, showing slower growth and firm prices.

Gold rose 0.7% near $5,113 as the dollar and U.S. Treasury yields eased, even as bullion headed for a second weekly decline with oil above $100.

US payrolls fell 92,000 in February and unemployment rose to 4.4%, BLS said, with wage gains steady and prior months revised lower.

Starbucks will open a corporate operations office in Davidson County near Nashville in 2026 and relocate dozens of Seattle-based supply chain roles.

Wall Street closed lower Friday as bank and private equity shares sank on private credit worries tied to UK lender Market Financial Solutions and hotter PPI.

Apple says it will buy over 100 million advanced TSMC chips made in Arizona in 2026 as it expands U.S. manufacturing and supplier spending.

Nvidia said its data center business delivered $62.3B in quarterly revenue, up 75%, powering record sales and a $78B first-quarter revenue outlook.

Gold prices rose as the U.S. dollar softened, with traders watching tariff signals, U.S. jobless claims and Geneva talks involving Iran.

Gold jumped to a three-week high on a weaker dollar, then eased on profit taking as the dollar firmed and metals prices swung in global trade.

Trump raised a temporary global U.S. import tariff to 15% as customs ends IEEPA tariff collection after a Supreme Court ruling and new rules start Feb. 24.