Browsing: Business

President Trump imposed a temporary 10% global import duty after the Supreme Court ruled emergency law IEEPA cannot authorize tariffs, with effect Feb. 24.

Oil futures rose as U.S.-Iran tensions and Strait of Hormuz disruptions lifted risk premiums, while a large EIA inventory draw added support.

Holiday-quarter sales lifted Walmart revenue 5.6% to $190.7B and pushed global e-commerce up 24%, but the retailer forecast FY2027 EPS below estimates.

U.S. trade deficit totaled $901.5B in 2025 as record $4.33T imports and rising exports left the gap nearly unchanged, Commerce Department data show.

Nvidia is reported to be in talks to invest up to $30 billion in OpenAI as part of a wider fundraising drive topping $100 billion in the United States this week.

U.S. stocks begin 2026, trailing global benchmarks by most since 1995, with stronger gains abroad, and heavy inflows into ex-U.S. equity funds in January so far.

Minutes from the Fed’s Jan 27-28 meeting show a split on the next rate move after holding 3.5%-3.75% with two dissenters seeking a cut; some kept hikes in view.

In 2025, reported central bank net gold buying was 863.3 tonnes, down from 1,092.4 in 2024; Poland added 102 tonnes and China reported 27 tonnes in WGC review.

Bayer says Monsanto filed a proposed US Roundup class settlement up to $7.25 billion in St. Louis, covering current and some future cancer claims, needs approval.

Gold fell more than 2% to $4,898.53 an ounce as the dollar index rose 0.2% and holiday closures thinned trade, with Fed minutes due Wednesday, after $4,862 low.