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India cautioned Washington that proposed tariffs on nations importing Russian crude oil could damage bilateral relations and interfere with global commodity markets. This warning came after the U.S. House of Representatives approved the Sanctioning Russia and Iran Act of 2026,
At the conclusion of their policy meeting, Federal Reserve policymakers decided to keep key benchmark interest rates unchanged, updating macroeconomic projections related to domestic growth and inflation. The Federal Open Market Committee evaluated ongoing consumer price pressures alongside steady employment
– After the Federal Reserve increased its benchmark interest rate by 25 basis points, U.S. equities closed lower on Wednesday. This move pushed the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average fell by 631.21
– Following the Federal Reserve’s decision to hike interest rates, the U.S. dollar climbed to its highest point in seven weeks on Thursday. The dollar index reached 100.36 against a basket of primary currencies, marking a roughly 0.7% increase from
– Costco has increased the online retail price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart pack. This bundle includes two 5-quart bottles and spans multiple common viscosity grades. The retailer has also implemented a
– Declines in artificial intelligence and semiconductor stocks contributed to a lower close for U.S. markets on Monday, pulling major indexes downward. The Dow Jones Industrial Average decreased by 152.09 points, or 0.3%, ending at 52,421.20. Meanwhile, the S&P 500
– The U.S. Treasury benchmark 10-year yield briefly exceeded 5% on Monday, reaching a level last observed in October 2023. Prior to that, the yield had not remained above 5% since 2007. It later eased, with the official Treasury curve
Prime Minister Mark Carney doubled down on Ottawa’s strategy to bolster domestic industrial production and reduce external supply chain vulnerabilities amid escalating commercial friction with Washington. Addressing an executive roundtable, Carney highlighted regulatory and financial incentives targeted at expanding internal
– Brent crude remained above $100 a barrel on Friday as supply disruptions continued to tighten the global oil market. Brent futures traded at $105.62 a barrel by 0555 GMT, down 1.9% from the previous close. U.S. West Texas Intermediate
– U.S. stocks extended their decline Wednesday after a sharp selloff pushed the Dow Jones Industrial Average down 628 points Tuesday. The Dow fell another 0.77% to 52,381.02, while the S&P 500 lost 0.48%. The Nasdaq Composite declined 0.64% as
