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Economy
Stories and analysis from The Business Now newsroom.
Business
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP, Unemployment Claims & FOMC Speeches in Focus
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP & Fed Speakers Take Center Stage Economic Calendar Today for July 16, 2026, features several high-impact economic events that could influence the US dollar, stock markets, forex, gold prices, and bond yields. Investors will closely monitor US Retail Sales, Core Retail Sales, UK GDP,...
Business
BlackRock Assets Under Management Hits $15 Trillion as Strong ETF Inflows Boost Q2 Earnings
BlackRock Assets Under Management Hits $15 Trillion as ETF Inflows Drive Record Growth BlackRock Assets Under Management has reached a historic milestone, crossing $15 trillion for the first time as the world’s largest asset manager reported strong second-quarter 2026 earnings. Powered by record ETF inflows, higher client investments, and robust earnings growth, BlackRock Assets Under...
Economy
US Gulf Coast Gasoline Stocks Hit Multi-Year Low: What It Means for Fuel Prices, Oil Markets, and Inflation
US Gulf Coast Gasoline Stocks Hit Multi-Year Low: What It Means for Fuel Prices, Oil Markets, and Inflation The US Gulf Coast gasoline stocks hit multi-year low, reaching their lowest level since September 2017, according to the latest data released by the U.S. Energy Information Administration (EIA). The sharp decline comes as global energy markets...
Commodities
US Crude Oil Inventories Fall More Than Expected as Iran Conflict Intensifies: What It Means for Oil Prices, Gold, and Global Markets
US Crude Oil Inventories Fall More Than Expected Amid Escalating Iran Tensions The latest U.S. Energy Information Administration (EIA) data showed that US crude oil inventories fall by 1.692 million barrels, signaling tighter supply conditions than expected. While analysts had anticipated a larger draw of approximately 1.962 million barrels, the report still marks a significant...
Economy
U.S. Strikes Iran Over Strait of Hormuz Attacks: Oil Prices Surge, Gold Gains, and Global Markets Brace for Escalation
U.S. Strikes Iran Over Strait of Hormuz Attacks: Oil Prices Surge, Gold Gains, and Global Markets Brace for Escalation The U.S. Strikes Iran Over Strait of Hormuz Attacks has become one of the biggest geopolitical developments of 2026, sending shockwaves through global financial markets. According to official military statements, U.S. Central Command (CENTCOM) launched coordinated...
Dow Jones
PayPal Takeover News: Stripe and Advent Offer More Than $53 Billion to Acquire PayPal
PayPal Takeover News: Stripe and Advent Make $53 Billion Acquisition Offer PayPal Takeover News is making headlines after reports revealed that payments giant Stripe and private equity firm Advent International have jointly offered to acquire PayPal in a deal worth more than $53 billion. The reported proposal values PayPal at $60.50 per share, representing a...
Business
Today’s Economic Calendar: CPI Cools, Fed Chair Warsh Testifies – What It Means for Gold, US Dollar, Stocks & Bitcoin Today (July 15, 2026)
Today’s Economic Calendar: Why Markets Are Watching Closely Today’s Economic Calendar is packed with major U.S. events that could influence global financial markets. Following softer-than-expected inflation numbers, investors are now focused on Federal Reserve Chair Kevin Warsh’s testimony and speeches from other Fed officials for clues on future interest rate policy. Gold, the US Dollar,...
Economy
USD to INR Today: US Dollar Holds Near ₹96.11 – What a Strong Dollar Means for Gold, Stock Market, and Indian Economy
USD to INR Today: US Dollar Holds Near ₹96.11 – What a Strong Dollar Means for Gold, Stock Market, and Indian Economy USD to INR Today: US Dollar Trades at ₹96.11 USD to INR Today is trading around ₹96.11 for 1 US Dollar, reflecting continued strength in the U.S. currency against the Indian Rupee. The...
Economy
IRGC Strait of Hormuz Warning: Iran Threatens Oil Exports as Tensions With the U.S. Escalate
IRGC Strait of Hormuz Warning: Iran Threatens Oil Exports as U.S. Tensions Escalate The IRGC Strait of Hormuz Warning has intensified geopolitical tensions in the Middle East after Iran’s Islamic Revolutionary Guard Corps (IRGC) issued fresh warnings regarding the future of the Strait of Hormuz, one of the world’s most important oil shipping routes. According...