– Key members of the Organization of the Petroleum Exporting Countries and their allies agreed on Sunday, November 1, to keep oil production targets steady in December. The decision comes as concerns grow that the U.S. could resume strikes against

– The cryptocurrency industry has poured more than $200 million into the 2026 midterm elections as it pushes Congress for favorable rules. Crypto groups now form the largest cohort of single-issue super PACs in U.S. history, according to watchdog group

– Microsoft reported strong growth in its fiscal first-quarter results on Wednesday, October 28, with net income rising to $36.63 billion from $27.75 billion a year earlier. Earnings per share increased to $4.92 from $3.72. Total revenue rose 19% to

– Meta said on Monday, October 26, that it plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure and superintelligence. The company will first raise $35 billion through underwritten public equity offerings. It

– Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure on Monday, October 26, to fund AI computing capacity for Anthropic. The deal will pay for technology from Broadcom, which will be leased to the

– US markets are heading into one of the busiest weeks of the earnings season, with three of the biggest names in the Magnificent 7 set to report quarterly results. Alphabet, Microsoft and Amazon will release figures as investors look

– Oil prices rose on Wednesday, October 21, with Brent crude futures climbing $1.21 to $110 per barrel, according to Reuters. US West Texas Intermediate crude also gained more than $1 to reach $99 per barrel. The move came during

– The US dollar retreated from an 18-month high on Tuesday, October 13, as falling oil prices and a reassessment of the artificial intelligence-driven rally weighed on the currency. The U.S. Dollar Index, which measures the greenback against a basket

– The U.S. stock bull market moved into its fifth year Monday after completing four years of gains. The S&P 500 has climbed about 119% from its Oct. 12, 2022 bear-market closing low, according to Truist analysis. The index ended

International equities mounted a vigorous late-week recovery, rebounding from recent selloffs as climbing borrowing costs temporarily lost momentum. Market metrics indicate that US and European stocks close higher as bond yields ease, drawing institutional capital back into riskier asset classes

– Gold prices advanced on Monday as investors weighed weak U.S. hiring data against a firmer dollar. Spot gold gained 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery climbed 0.8% to $4,194.60. The move

The foreign exchange market recorded strong upward momentum as the US dollar hits 17-month high benchmarks, climbing to a 102.08 index rating and securing its third consecutive weekly gain. According to international market reports published by the Emirates News Agency, the

– The U.S. Treasury Department will offer $119 billion of notes and bonds through three auctions next week. The schedule begins Oct. 6 with $58 billion of three-year notes. Treasury will sell $39 billion of 10-year notes on Oct. 7.

– The U.S. economy grew at a 2.2% annual rate in the second quarter of 2026. The U.S. Bureau of Economic Analysis raised its estimate from the previously reported 1.5% pace. The revision covered economic activity from April through June.

Oil prices dropped sharply Monday as Brent crude closed at its lowest level in nearly two weeks. November Brent settled at $100.34 a barrel, losing $3.53, or 3.4%. October West Texas Intermediate fell $4.52, or 4.51%, to $95.78 a barrel.

India warned Washington that proposed tariffs on countries purchasing Russian crude oil could harm bilateral relations and disrupt global commodity trade. The statement followed the passage of the Sanctioning Russia and Iran Act of 2026 by the United States House