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Browsing: Business
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.
Gold prices rose as a weaker dollar lifted bullion demand, while lower oil prices and gains in silver, platinum and palladium shaped trading.
Record ground beef prices near $6.90 a pound are raising Memorial Day cookout costs as tight cattle supplies keep pressure on US shoppers.
US stocks ended higher as the Dow closed at a record and the S&P 500 extended its weekly winning streak to eight weeks.
US egg prices are falling as supply rebounds, while producers face margin pressure from low wholesale prices and elevated operating costs.
US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.
