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Stories and analysis from The Business Now newsroom.
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...
Economy
Russia Sanctions Bill Updated: U.S. Senators Revise Russia Oil Tariffs, Add Gas Import Exceptions – What It Means for Global Energy Markets
Russia Sanctions Bill Updated: U.S. Revises Oil Tariffs and Gas Import Rules The Russia Sanctions Bill Updated on Wednesday after U.S. senators introduced significant revisions to proposed legislation targeting Russian energy exports. The latest version softens several of the toughest measures while maintaining economic pressure on Moscow, marking an important shift in Washington’s sanctions strategy....
Business
Trump Strait of Hormuz Statement: Why Oil Markets, Global Shipping, and Energy Prices Could Change After Trump’s Latest Remarks
Trump Strait of Hormuz Statement: Why Oil Markets, Global Shipping, and Energy Prices Are Watching Closely The Trump Strait of Hormuz Statement has quickly become one of the most closely watched geopolitical developments for global financial markets. President Donald Trump said that the Strait of Hormuz remains open for international shipping, with the exception of...
Business
Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates
Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates Bank of America Profit Jumps 27% after the second-largest U.S. lender delivered stronger-than-expected second-quarter earnings, powered by record equities trading revenue, improving investment banking activity, and resilient consumer spending. The results add to a growing trend among major...
Economy
Goldman Sachs Profits Soar: 7 Massive Reasons Wall Street’s Trading Boom Delivered Record Quarterly Earnings
Goldman Sachs Profits Soar: 7 Massive Reasons Wall Street’s Trading Boom Delivered Record Quarterly Earnings Goldman Sachs Profits Soar after the investment banking giant reported second-quarter earnings that comfortably surpassed Wall Street expectations. A powerful combination of record stock-trading revenue, strong investment banking activity, and renewed corporate dealmaking helped Goldman deliver one of its strongest...
Dow Jones
SpaceX Stock Sinks: 7 Big Reasons Shares Are Falling Toward the IPO Price and What Investors Should Watch Next
SpaceX Stock Sinks: 7 Big Reasons Shares Are Falling Toward the IPO Price and What Investors Should Watch Next SpaceX Stock Sinks as investors continue selling shares for a second consecutive trading session, pushing the company’s valuation closer to its reported IPO price. The sharp decline has sparked debate across Wall Street about whether the...
Economy
IBM Stock Drops 20%: 7 Critical Reasons Behind the Earnings Shock and What Investors Should Watch Next
IBM Stock Drops 20%: 7 Critical Reasons Behind the Earnings Shock and What Investors Should Watch Next IBM Stock Drops 20% after the technology giant reported second-quarter earnings that failed to meet Wall Street expectations, triggering one of the sharpest single-day declines in the company’s recent history. The unexpected earnings miss erased billions of dollars...