Category: Business
Foldable iPhone Duo ushers Apple’s John Ternus era
Cupertino, US: Apple unveiled its first folding iPhone on Wednesday, the iPhone Duo, priced at $2,000, the most visible change to the design of its…
iPhone Duo, iPhone 18 Pro, and Apple Watch 12: Apple’s John Ternus era begins
We want our products to be simple and intuitive, the words of Apple’s new CEO, John Ternus, as he took the stage for a pivotal…
Will Bessent’s Treasury bond buyback shake markets? Investors await $4 billion-plus move
Markets are waiting for a key announcement from the US Treasury on Wednesday, with investors watching how aggressive Treasury Secretary Scott Bessent’s bond-buying plan will…
US stock market: Dow, Nasdaq, S&P 500 fall as oil tops $100, Fed rate hike bets rise
US stocks turned lower at Wednesday’s opening bell as rising oil prices and changing expectations around the Federal Reserve’s September interest-rate decision put pressure on…
Will the Clarity Act pass? Crypto firms and banks battle ahead of Senate vote
Crypto and banking groups are stepping up their fight over a major cryptocurrency bill ahead of a key Senate vote. The battle over the Clarity…
Russian hi-tech firms to join trade fair ahead of Brics Summit
Russia’s top hi-tech companies will showcase products in areas such as medical equipment, robots, and transport digitalisation solutions at an event in New Delhi ahead…
Mortgage rates rise as 30-year rates hit 6.85%, pushing more homebuyers toward ARMs as demand falls 2.7%
Mortgage rates moved higher last week, pushing some borrowers toward adjustable-rate mortgages (ARMs) as they looked for cheaper loan options. The rise in rates also…
Brent oil price crosses $100: Why Middle East conflict is driving crude prices higher
Brent crude oil futures crossed $100 a barrel on Wednesday, reaching their highest level in more than six weeks. The price touched $100.19 a barrel…
Sensex, Nifty open lower as Middle East war pushes Brent crude toward $100
Indian equity markets opened lower on Wednesday as escalating tensions in the Middle East pushed crude oil prices closer to $100 a barrel and weighed…
What happens if the US 10-year Treasury yield hits 5%? Why stocks could be at risk
The US bond market selloff that began after the war with Iran has pushed the 10-year Treasury yield close to 5%. The yield has not…