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Browsing: Business
European Parliament trade MEPs advanced EU-US tariff legislation covering U.S. goods, safeguards and a June plenary vote in Brussels.
Dollar trading stayed steady near 99 while Bitcoin and Ether declined, leaving global currency moves muted and crypto markets weaker.
The dollar steadied after a weekly decline as traders monitored major currencies, U.S. jobs data, central banks and oil-linked risks.
Gold prices rose as a weaker dollar lifted bullion demand, while lower oil prices and gains in silver, platinum and palladium shaped trading.
Record ground beef prices near $6.90 a pound are raising Memorial Day cookout costs as tight cattle supplies keep pressure on US shoppers.
US stocks ended higher as the Dow closed at a record and the S&P 500 extended its weekly winning streak to eight weeks.
US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.
US egg prices are falling as supply rebounds, while producers face margin pressure from low wholesale prices and elevated operating costs.
Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.
Carbon pricing raised more than $107 billion for public budgets in 2025 as global policy coverage widened, the World Bank said.
