Browsing: Business

Oil prices surged back above $100 after the United States ordered a blockade of Iranian ports, lifting Brent and WTI as markets reacted to Gulf shipping risks.

Gold fell near a one week low as a stronger U.S. dollar, higher oil prices and fading Federal Reserve rate cut hopes weighed on bullion demand.

Gold steadied near record levels and stayed on track for a third weekly gain as Fed rate-cut bets, central bank buying and safe-haven demand supported prices.

Trump revised U.S. tariffs on steel, aluminum and copper imports, lowering rates for many derivative goods while keeping a 50% duty on core metals.

Oracle has begun a new layoff round, including 491 Washington jobs, while keeping a $50 billion capital spending plan tied to cloud and AI infrastructure.

Gold ended March near $4,562 an ounce after its worst month since 2008 as a stronger dollar, firm yields and fading rate-cut hopes hit the market.

Netflix increased U.S. subscription prices for every streaming tier, raising ad, standard and premium plans while charging more for extra members.

USPS has filed for a temporary 8% surcharge on package services, with the rate change set for April 26 pending Postal Regulatory Commission review.

Meta cut several hundred jobs in a new restructuring round as the company maintained heavy 2026 AI infrastructure spending and kept workforce changes in focus.

Goldman Sachs raised its 12-month U.S. recession probability to 30% as higher energy costs, tighter financial conditions and softer growth cloud the outlook.