Browsing: Business

LOS GATOS: Netflix has raised prices across all of its U.S. streaming plans, increasing the monthly cost of its ad-supported tier to $8.99 from $7.99, its standard ad-free plan to $19.99 from $17.99 and its premium plan to $26.99 from

WASHINGTON: The U.S. Postal Service filed notice on March 25 with the Postal Regulatory Commission for a temporary 8% price increase on key package shipping products, citing rising transportation costs. The proposed change, if cleared by the regulator, would take effect at midnight

MENLO PARK: Meta Platforms cut several hundred jobs across multiple teams on March 25, describing the move as part of regular restructuring and saying it was seeking other opportunities inside the company for some affected workers. The latest reductions add

NEW YORK: Goldman Sachs has raised its probability of a U.S. recession in the next 12 months to 30% from 25%, marking a sharper turn in its outlook as higher energy costs, tighter financial conditions and a waning lift from

WASHINGTON: U.S. business activity slowed to an 11 month low in March as higher energy costs and broader supply strains linked to the Middle East conflict weighed on demand, while price pressures intensified across the private sector. Flash survey data

NEW YORK: Gold prices fell sharply on Monday, extending a historic selloff as the conflict in the Middle East kept energy markets volatile and reinforced inflation concerns that have unsettled precious metals. Spot gold was down 2.2% at $4,388.22 an

WASHINGTON: Gold held steady near the $5,000 mark on Wednesday as investors assessed the U.S. interest-rate outlook against a backdrop of elevated oil prices and broader geopolitical tension. Spot gold was up 0.1% at $5,008.58 an ounce in early trading,

BRUSSELS: The European Parliament moved on Tuesday to restart work on legislation tied to the EU-US trade framework agreed in Turnberry, Scotland, setting up a committee vote this week after months of delay. The measures would implement parts of the

Cryptowire, NEW YORK: Bitcoin climbed back to its highest level since early February on Tuesday, extending a rebound that lifted U.S.-listed crypto stocks after a fresh wave of exchange-traded fund inflows and another large purchase by Strategy. Bitcoin touched $75,937

WASHINGTON: Many U.S. households continue to face pressure from grocery, housing and utility bills even after inflation cooled, leaving a gap between improving national price data and day-to-day affordability. In his Feb. 25 State of the Union address, President Donald