United States

2.5 million barrel drop in U.S. crude, 235,000 barrel gasoline drawdown as refining, demand rise: EIA

2.5 million barrel drop in U.S. crude, 235,000 barrel gasoline drawdown as refining, demand rise: EIA

Gasoline product supplied last week was 8.9 million bpd, up slightly from the previous week

U.S. small business sentiment recovers in April after hitting 12-year low in March

U.S. small business sentiment recovers in April after hitting 12-year low in March

Inflation remains the most important concern when operating a small business in the U.S.

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors

OpenAI takes ChatGPT to new heights with GPT-4o

OpenAI takes ChatGPT to new heights with GPT-4o

The company's latest model revolutionizes ChatGPT, offering unprecedented capabilities

UN body adopts human rights protections for carbon market mechanism

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals

Microsoft to commit $2.2 billion investment for cloud, AI services in Malaysia

Microsoft to commit $2.2 billion investment for cloud, AI services in Malaysia

The move will strengthen Malaysia's global AI development support

U.S. labor market remains tight, productivity marginally grows 0.3 percent in Q1

U.S. labor market remains tight, productivity marginally grows 0.3 percent in Q1

28 percent monthly decline in layoffs bodes well for U.S. labor market

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

The central bank has kept interest rates at 5.25 to 5.50 percent since July 2023

Google-parent Alphabet announces first-ever dividend of 20 cents per share, $70 billion stock buyback

Google-parent Alphabet announces first-ever dividend of 20 cents per share, $70 billion stock buyback

Company's revenue reached $80.54 billion, exceeding estimates of $78.59 billion

Microsoft revenues rise 17 percent to $61.9 billion on increased AI investment

Microsoft revenues rise 17 percent to $61.9 billion on increased AI investment

4 percent rise in shares increases company's stock market value by $128 billion

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

Decline in government spending contributes to moderation in U.S. economic activity

Nasdaq revenues surge 22 percent to $1.12 billion on strong demand for fintech products

Nasdaq revenues surge 22 percent to $1.12 billion on strong demand for fintech products

Revenues from fintech unit surged 71 percent to $392 million

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024

U.S. refiners’ profits set to fall in Q1 of 2024, margins remain strong

U.S. refiners’ profits set to fall in Q1 of 2024, margins remain strong

Earnings to increase in the next two quarters as demand picks up during the summer driving season

Boeing reports first revenue decline in 7 quarters as production drops

Boeing reports first revenue decline in 7 quarters as production drops

Company reported $16.57 billion in quarterly revenue, down from $17.92 billion in Q1 of 2023

Visa’s results reflect resilient U.S. consumer spending, net revenue touches $8.8 billion

Visa’s results reflect resilient U.S. consumer spending, net revenue touches $8.8 billion

Visa revealed that payment volumes saw an 8 percent increase during the second quarter

U.S. luxury real estate sales rise over 2 percent as prices hit all-time highs

U.S. luxury real estate sales rise over 2 percent as prices hit all-time highs

The number of luxury homes for sale increased 13 percent in the first quarter of 2024

Brazil introduces measures to support small businesses, low-income families, and real estate market

Brazil introduces measures to support small businesses, low-income families, and real estate market

The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia

Affordable Tesla EVs coming in 2025

Affordable Tesla EVs coming in 2025

The upcoming vehicles will blend features from a next-gen platform with Tesla's existing Model 3 and Model Y platform

Sales of new U.S. single-family homes rebound 8.8 percent in March, reaching highest level since September

Sales of new U.S. single-family homes rebound 8.8 percent in March, reaching highest level since September

Median house price jumps to seven-month high, rising 7.4 percent YoY in Q1

Oil prices stabilize as focus shifts to U.S. economy, interest rates

Oil prices stabilize as focus shifts to U.S. economy, interest rates

The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices

Hedge fund industry sees $190 billion asset growth in Q1, hits record $4.3 trillion

Banking & Finance

Hedge fund industry sees $190 billion asset growth in Q1, hits record $4.3 trillion

The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

Dominican Republic seeks renewable energy cooperation with UAE to combat climate change

Dominican Republic seeks renewable energy cooperation with UAE to combat climate change

Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits